Ithaca Energy Extends $1.8 Billion Lending Facility Maturity to 2032

02:35 AM EDT, 10/12/2026 (MT Newswires) -- Ithaca Energy (ITH.L) unit Ithaca Energy (UK) agreed to revise and restate its $1.80 billion senior reserve-based lending facility. Under the revised terms, the facility's maturity was extended to Dec. 31, 2032, with updates made to its accordion feature to permit an increase in total commitments of up to $1 billion across the loan and letter of credit facilities, according to a Monday release. The UK exploration and production company said it expects the renewed facility to boost its liquidity profile and provide greater financial flexibility.