SM Energy Redeems 6.625% Senior Notes Due 2027 for $416.8M

What Happened SM Energy Company filed an 8-K (Item 1.02) announcing that on September 4, 2026 it redeemed all outstanding 6.625% Senior Notes due 2027. The company paid $416,791,000, plus accrued and unpaid interest, under the applicable indenture documents and satisfied all remaining obligations related to those notes. The redeemed 2027 Senior Notes and related guarantees were cancelled upon settlement.

Key Details

• Redemption date: September 4, 2026.
• Principal paid: $416,791,000, plus accrued and unpaid interest.
• Security: 6.625% Senior Notes originally due 2027.
• Governing documents: Base Indenture (May 21, 2015), Fourth Supplemental Indenture (Aug 20, 2018) and Sixth Supplemental Indenture (Jan 30, 2026); obligations under these Indenture Documents related to the 2027 notes were satisfied and cancelled.

Why It Matters This action removes the specified 2027 senior notes and their guarantees from SM Energy’s outstanding debt, and the company used cash to settle the principal and accrued interest. For investors, that means the company no longer carries the interest expense or maturity risk associated with this tranche of debt, and its reported leverage and upcoming debt maturities will reflect the reduction.