Gulfport Energy issues $650 million 6.750% senior notes due 2029 and expands credit facility
Gulfport Energy Operating Corporation, a subsidiary of Gulfport Energy Corporation, completed a $650 million private placement of 6.750% Senior Notes due September 1, 2029, on September 13, 2024. The company also amended its credit agreement to raise elected commitments from $900 million to $1.0 billion, with the borrowing base reaffirmed at $1.1 billion. The filing describes new debt obligations and standard limits on additional borrowing and dividends, which bear on shareholders' claims on future cash flow.
Key points
- $650 million of 6.750% Senior Notes due September 1, 2029, issued September 13, 2024
- Interest payable March 1 and September 1 each year, starting March 1, 2025
- Credit facility elected commitments raised from $900 million to $1.0 billion; borrowing base reaffirmed at $1.1 billion
- Credit facility maturity extended to four years from the Fourth Amendment closing date
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:49 AM ET, from the text of the filing and its press-release exhibits 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 September 16, 2024.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.