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Independent Bank Reaffirms PHX Minerals’ Borrowing Base and Extends Revolver

Independent Bank completed the redetermination of PHX Minerals’ senior secured credit facility and reaffirmed the existing $50 million borrowing base with no changes to pricing, covenants or other material terms.

Independent Bank Leads PHX Minerals New $100MM Revolving Credit Facility

PHX Minerals closed a new four-year $100 million senior secured credit facility with an initial borrowing base of $27.5 million. The new credit facility was led by Independent Bank and includes MidFirst Bank.

September 7, 2021 Chad Stephens | Independent Bank | MidFirst Bank | PHX Minerals Ian Koplin

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Tag Archives: PHX Minerals

Independent Bank Reaffirms PHX Minerals’ Borrowing Base and Extends Revolver

Independent Bank Leads PHX Minerals New $100MM Revolving Credit Facility