8-K
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
____________________________________________________________
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): March 10, 2016
|
| | |
SWIFT ENERGY COMPANY
(Exact Name of Registrant as Specified in Charter)
|
|
Texas | 1-8754 | 20-3940661 |
(State or other jurisdiction of Incorporation) | (Commission File Number) | (IRS Employer Identification No.) |
| | |
17001 Northchase Drive, Suite 100 Houston, Texas 77060 (Address of principal executive offices) |
| | |
(281) 874-2700
(Registrant’s telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
|
| |
☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d 2(b)) |
☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 8.01 Other Events
On March 10, 2016, Swift Energy Company (the “Company”) filed with the United States Bankruptcy Court for the District of Delaware additional financing syndication procedures for its previously disclosed Debtor-in-Possession Credit Agreement entered into on January 6, 2016 (the “DIP Credit Agreement”). The financing syndication process under the DIP Credit Agreement provides the Noteholders (as defined below) who are not yet lenders party thereto the opportunity to participate in the DIP Credit Agreement financing pursuant to its terms and conditions. The financing syndication procedures are attached hereto as Exhibit 99.1 and incorporated herein by reference.
As used herein, the term “Noteholders” means holders of the Company’s (a) 7-1/8% senior unsecured notes due on June 1, 2017, (b) 8-7/8% senior unsecured notes due on January 15, 2020 and (c) 7-7/8% senior unsecured notes due on March 1, 2022.
Item 9.01 Financial Statements and Exhibits
The exhibit listed in the following Exhibit Index is filed as part of this Current Report on Form 8-K.
|
| | |
Exhibit Number | | Description |
99.1 | | Syndication Procedures, dated March 10, 2016. |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this Report to be signed on its behalf by the undersigned duly authorized.
|
| | |
Date: March 14, 2016 | Swift Energy Company |
| By: | /s/ Alton D. Heckaman, Jr. |
| | Executive Vice President and Chief Financial Officer |
EXHIBIT INDEX
|
| | |
Exhibit Number | | Description |
99.1 | | Syndication Procedures, dated March 10, 2016. |