Houston, Texas, July 01, 2026 (GLOBE NEWSWIRE) -- Battalion Oil Corporation (NYSE American: BATL, “Battalion” or the “Company”) today announced the closing of a refinancing of its senior secured credit facility through the execution of a Third Amended and Restated Senior Secured Credit Agreement (the “New Credit Agreement”), which reduces borrowing costs, extends debt maturity through December 2029, defers principal amortization, and provides potential access to additional discretionary capital to support the Company's ongoing operations and strategic objectives. Key Highlights Achieved improved terms with no new cash borrowing and no novation, as existing lenders rolled the full $162.5 million of outstanding term loans into the New Credit Agreement, emphasizing continued lender confidence in Battalion's credit.
