• Battalion Oil closed a refinancing via a Third Amended and Restated Senior Secured Credit Agreement, rolling $162.5 million of term loans with no new cash.
• Pricing reset to SOFR + 6.5% with a 0.15% credit spread adjustment, cutting borrowing costs by at least 125 basis points.
• Maturity extended to Dec. 31, 2029 from Dec. 26, 2028; principal amortization deferred until the quarter ending June 30, 2027.
• Agreement adds up to $175 million of uncommitted delayed-draw term loan capacity at lenders’ discretion.
• Net debt stood near $65.5 million as of June 29, 2026, reflecting $162.5 million gross debt less about $96.99 million cash.

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. Battalion Oil Corporation published the original content used to generate this news brief on July 01, 2026, and is solely responsible for the information contained therein.