SM Energy Company announced the expiration of its cash tender offer on April 2, 2026, accepting $893,995,000 aggregate principal amount of 8.375% Senior Notes due 2028 originally issued by Civitas Resources, Inc.
Key takeaways
Tender offer expired April 1, 2026, with $110,390,000 Notes tendered after Early Tender Date.
Total Notes accepted for purchase: $893,995,000, below $1,000,000,000 maximum.
Includes $783,605,000 previously accepted on March 19, 2026.
Settlement for late tenders on April 3, 2026.
Notes originally issued by Civitas, assumed by SM Energy post-merger.
No minimum tender condition; offer managed by BofA Securities and D.F. King.