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AI brief of an SEC Form 8-K · California Resources (CRC)

California Resources amends credit agreement to reduce borrowing costs

Positive Impact 2 of 5 financing Written later

On April 14, 2026, California Resources entered into a ninth amendment to its credit agreement with Citibank, N.A. as administrative agent. The amendment changes the pricing grid to reduce the company's borrowing costs under the facility, along with other technical changes.

Key points

  • Amendment dated effective April 14, 2026, to the Amended and Restated Credit Agreement dated April 26, 2023
  • Purpose includes amending the pricing grid to reduce borrowing costs under the facility
  • Citibank, N.A. serves as administrative and collateral agent; full text filed as Exhibit 10.1 with some portions omitted

The filing

CompanyCalifornia Resources (CRC)
Form8-K, current report
Filed with the SECApr 17, 2026, 4:32 PM ET
Accession number0001609253-26-000086

Items reported: 1.01 Material Definitive Agreement

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:01 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 17, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.