Range Resources enters $4.0 billion revolving credit agreement maturing October 2030
Range Resources entered an amended and restated senior secured revolving credit agreement with JPMorgan Chase Bank as administrative agent, with a maximum principal amount of $4.0 billion, a borrowing base of $3.0 billion and total lender commitments of $2.0 billion. The facility matures October 2, 2030, and replaces the existing revolving credit arrangement, giving the company a longer-dated source of borrowing capacity.
Key points
- Maximum principal amount $4.0 billion; borrowing base $3.0 billion; total lender commitments $2.0 billion
- Maturity date October 2, 2030
- Pricing and covenants step down if Range achieves an investment grade rating from Moody's or S&P, which would also allow collateral release
- Covenants include a maximum Consolidated Funded Debt to Consolidated EBITDAX ratio of 3.75 to 1.0 (4.25 to 1.0 during an investment grade period)
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:56 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 October 02, 2025.
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.