Company: EXEEZ
Filing Date: 2025-09-30
Form Type: 8-K
Source: 0001104659-25-095028
Chunk: 1

Company: EXPAND ENERGY Corp
Filing Date: 2025-09-30
Form: 8-K
Item: Item 1.01
Chunk 1
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 without
any premium or penalty other than customary breakage fees with respect to term SOFR loans. Loans prepaid may be reborrowed prior to the
maturity date.

The proceeds of the Credit Facility and the letters
of credit shall be used (a) to pay fees and expenses incurred in connection with the Credit Facility transaction and the refinancing
of Expand’s existing credit facility and (b) to finance working capital needs, and for other general corporate purposes of
Expand and its subsidiaries, including, for the avoidance of doubt, capital expenditures.

The Credit Agreement contains customary events
of default and remedies for investment-grade credit facilities of this nature. If the Company does not comply with the financial and other
covenants in the Credit Agreement as in effect from time to time, the Lenders may, subject to customary cure periods, require immediate
payment of all amounts outstanding under the Credit Agreement and any outstanding unfunded commitments may be terminated.

This summary of the Credit Agreement does not purport to be complete
and is subject to, and qualified in its entirety by reference to, the full text of the Credit Agreement, which is filed as Exhibit 10.1
to this Current Report on Form 8-K (the “ Report”) and incorporated herein by reference.

Item 2.03 Creation of a Direct Financial Obligation or an Obligation
under an Off-Balance Sheet Arrangement of a Registrant.

The description of the Credit Agreement set forth in Item 1.01 of this
Report is incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits.