Amplify Energy Secures Amended $25 Million Revolving Credit Facility with Citizens Bank

Reuters01-01
Amplify Energy Secures Amended $25 Million Revolving Credit Facility with Citizens Bank

Amplify Energy Corp. has announced the closing of an amended senior secured reserve-based revolving credit facility with Citizens Bank, N.A. acting as the administrative agent. The amendment extends the facility’s maturity to December 31, 2028. The initial borrowing base under the agreement is set at $25 million, with elected commitments totaling $15 million. The borrowing base will be subject to semi-annual redeterminations, with the next review scheduled for the second quarter of 2026. Following the closing of the amendment on December 31, 2025, Amplify reported no outstanding balance on the facility and sufficient cash on hand to support its strategic objectives.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Amplify Energy Corp. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9618766-en) on December 31, 2025, and is solely responsible for the information contained therein.

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