Infinity Natural Resources Increases Borrowing Base Under Its Credit Facility
Infinity Natural Resources (NYSE: INR) announced an increase in its credit facility borrowing base from $325 million to $350 million following a regularly scheduled redetermination. The expansion was unanimously supported by the company's lenders. As of February 28, 2025, INR reported minimal borrowings of $2.4 million under the facility, leaving a substantial $347.6 million in unused capacity available.
Infinity Natural Resources (NYSE: INR) ha annunciato un aumento della propria base di prestito della linea di credito da 325 milioni di dollari a 350 milioni di dollari a seguito di una ridefinizione programmata. L'espansione è stata supportata all'unanimità dai finanziatori dell'azienda. Al 28 febbraio 2025, INR ha riportato prestiti minimi di 2,4 milioni di dollari sotto la linea di credito, lasciando una sostanziale capacità non utilizzata di 347,6 milioni di dollari.
Infinity Natural Resources (NYSE: INR) anunció un aumento en su base de préstamos de la línea de crédito de 325 millones de dólares a 350 millones de dólares tras una re-evaluación programada. La expansión fue apoyada unánimemente por los prestamistas de la empresa. Al 28 de febrero de 2025, INR reportó préstamos mínimos de 2.4 millones de dólares bajo la línea de crédito, dejando una sustancial capacidad no utilizada de 347.6 millones de dólares.
인피니티 내추럴 리소스 (NYSE: INR)는 정기적으로 예정된 재평가에 따라 신용 시설 차입 기반을 3억 2500만 달러에서 3억 5000만 달러로 늘렸다고 발표했습니다. 이 확장은 회사의 대출 기관들에 의해 만장일치로 지지받았습니다. 2025년 2월 28일 현재, INR은 시설 아래에서 최소 240만 달러의 차입금을 보고했으며, 3억 4760만 달러의 상당한 사용 가능한 용량이 남아 있습니다.
Infinity Natural Resources (NYSE: INR) a annoncé une augmentation de sa base d'emprunt de ligne de crédit de 325 millions de dollars à 350 millions de dollars suite à une redéfinition programmée. L'expansion a été soutenue à l'unanimité par les créanciers de l'entreprise. Au 28 février 2025, INR a déclaré des emprunts minimaux de 2,4 millions de dollars sous la ligne de crédit, laissant une capacité non utilisée substantielle de 347,6 millions de dollars.
Infinity Natural Resources (NYSE: INR) hat eine Erhöhung seiner Kreditlinien-Basis von 325 Millionen Dollar auf 350 Millionen Dollar nach einer regelmäßig geplanten Neubewertung bekannt gegeben. Die Erweiterung wurde von den Kreditgebern des Unternehmens einstimmig unterstützt. Zum 28. Februar 2025 berichtete INR von minimalen Krediten in Höhe von 2,4 Millionen Dollar unter der Kreditlinie, was eine beträchtliche ungenutzte Kapazität von 347,6 Millionen Dollar lässt.
- Credit facility borrowing base increased by $25 million to $350 million
- Unanimous lender support indicates strong credit confidence
- Low current borrowings of $2.4M showing strong liquidity position
- Large unused credit capacity of $347.6M provides financial flexibility
- None.
As of February 28, 2025, the Company had
About Infinity
Infinity (NYSE: INR) is a growth oriented, free cash flow generating, independent energy company focused on the acquisition, development, and production of hydrocarbons in the Appalachian Basin. Our operations are focused on the volatile oil window of the Utica Shale in eastern
Source: Infinity Natural Resources, Inc.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250401292657/en/
Infinity Natural Resources, Inc.
Gregory Pipkin Jr.
Senior Vice President of Corporate Development and Strategy
ir@infinitynr.com
Source: Infinity Natural Resources, Inc.
FAQ
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