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Highpeak Energy Inc announced a $450 million preferred equity investment and an $800 million credit facility, which is expected to fully repay its existing $1.17 billion term loan. Citibank and Fifth Third are providing committed financing for the credit facility.
HighPeak Energy announced it will repay its existing $1.17 billion term loan in full.
HighPeak Energy announced a comprehensive refinancing including a $450 million preferred equity investment and a new $800 million reserve-based credit facility. Citibank and Fifth Third Bank provided committed financing for the RBL, expected to close with the investment. Proceeds will repay a $1.17 billion term loan.
HighPeak Energy announced a $450 million preferred investment and an $800 million RBL credit facility to repay its outstanding $1.17 billion term loan. The closing is expected in Q4 2026.