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Prospect News home > News index > List of issuers H > Headlines for HighPeak Energy, Inc. > News item
Published on 11/7/2022 in the Prospect News Bank Loan Daily and Prospect News High Yield Daily.

Fitch rates HighPeak notes B

Fitch Ratings said it assigned B/RR3 ratings to HighPeak Energy, Inc.'s planned senior unsecured notes due November 2024 and affirmed the company's B- long-term issuer default rating.

The agency also affirmed HighPeak's senior secured reserve-based lending facility at BB-/RR1 and its unsecured notes at B/RR3.

HighPeak intends to use the proceeds to fund the repayment of the outstanding reserve-based lending facility and for general corporate purposes.

The outlook is stable.


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