---
title: "EagleRock Land Lines Up $200 Million Revolver; Plans to Retire $270 Million Predecessor Debt"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/287273645.md"
description: "EagleRock Land has secured a $200 million revolving credit facility led by JPMorgan Chase Bank to refinance its capital structure ahead of its IPO. The new facility will replace a predecessor debt of approximately $270 million, enhancing liquidity and financial flexibility. The agreement includes a $100 million accordion and is set to become effective upon the full repayment of the existing credit facility."
datetime: "2026-05-21T21:03:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/287273645.md)
  - [en](https://longbridge.com/en/news/287273645.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/287273645.md)
---

# EagleRock Land Lines Up $200 Million Revolver; Plans to Retire $270 Million Predecessor Debt

EagleRock Land took steps to refinance its capital structure around its IPO, arranging a new $200 million secured revolving credit facility led by JPMorgan Chase Bank and executing a joinder to its predecessor financing with TCW. The new facility includes a $100 million accordion and leverage-based pricing and will become effective upon full repayment and termination of the predecessor credit facility, which had about $263.3 million outstanding and a $270.0 million payoff as of May 4, 2026. The company intends to use IPO proceeds to retire the predecessor debt, improving liquidity and financial flexibility.

**Agreement 1: EagleRock Land Sets $200 Million Five-Year Revolving Credit Facility With JPMorgan**

-   **Agreement type**: Secured five-year revolving credit facility with accordion
-   **Counterparty**: JPMorgan Chase Bank, as administrative agent, and other lenders
-   **Signed / Effective**: May 04 2026 / N/A
-   **Duration / Termination**: 5 years from effectiveness
-   **Reason**: Refinance debt and enhance liquidity

**Agreement 2: EagleRock Land Joins Predecessor Credit Facility as Parent and Guarantor With TCW**

-   **Agreement type**: Joinder to Financing Agreement; limited recourse guaranty
-   **Counterparty**: TCW Asset Management Company, as agent, and lenders
-   **Signed / Effective**: May 15 2026 / May 15 2026
-   **Duration / Termination**: Through Jul 03 2027
-   **Reason**: Align capital structure for IPO and subsidiary contribution

Original SEC Filing: EagleRock Land, LLC \[ EROK \] - 8-K - May. 21, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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