$SM·8-K

SM Energy Co · Jun 1, 4:25 PM ET

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SM Energy Co 8-K

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SM Energy Redeems $419.2M 6.75% Senior Notes Due 2026

What Happened SM Energy Company filed an 8-K reporting that on June 1, 2026 it redeemed all outstanding 6.75% Senior Notes due 2026. The company paid $419,235,000 (aggregate principal) plus accrued and unpaid interest under the Indenture Documents; the redeemed notes and related guarantees were cancelled upon settlement and SM satisfied all remaining obligations related to those notes.

Key Details

  • Redemption date: June 1, 2026.
  • Amount paid: $419,235,000 of aggregate principal plus accrued and unpaid interest.
  • Security: 6.75% Senior Notes due 2026, governed by the Base Indenture (May 21, 2015) and supplemental indentures (including Third Supplemental dated Sept 12, 2016 and Sixth Supplemental dated Jan 30, 2026).
  • Trustee: U.S. Bank National Association (successor U.S. Bank Trust Company, N.A.); related guarantees cancelled at settlement.

Why It Matters This action removes a near-term debt maturity from SM Energy’s balance sheet, eliminating the $419.2M obligation due in 2026 and cancelling associated guarantees. That can reduce near-term refinancing risk and future interest expense tied to these notes. The filing does not disclose the source of funds used for the redemption; investors may want to review the company’s liquidity, cash flow, and any related disclosures for details on how the payment was financed.

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