UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
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Item 1.02 Termination of a Material Definitive Agreement
On June 17, 2022, SM Energy Company (the “Company”) used cash on hand to redeem the $446.7 million of aggregate principal amount outstanding of its 10.0% Senior Secured Notes due 2025 (the “2025 Senior Secured Notes”) at a redemption price of 107.5 percent of the principal amount, plus accrued and unpaid interest, pursuant to the terms of the indenture governing the 2025 Senior Secured Notes (the “Indenture”). In connection with the redemption of the 2025 Senior Secured Notes, on June 17, 2022, the Company satisfied and discharged all of its remaining obligations under the Indenture, and all collateral that secures such obligations will be released and discharged. The Company cancelled all redeemed 2025 Senior Secured Notes upon settlement.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
SM ENERGY COMPANY | |||||||||||
Date: | June 17, 2022 | By: | /s/ PATRICK A. LYTLE | ||||||||
Patrick A. Lytle | |||||||||||
Vice President - Chief Accounting Officer and Controller | |||||||||||
(Principal Accounting Officer) |