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REX ENERGY CORP FILES (8-K) Disclosing Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant, Regulation FD Disclosure, Other Events, Financial Statements and Exhibits

July 14, 2014

Item 1.01. Entry into a Material Definitive Agreement.

Third Amendment to Amended and Restated Credit Agreement

On July 11, 2014, Rex Energy Corporation (the "Company") entered into a Third Amendment to the Amended and Restated Credit Agreement (the "Third Amendment") among KeyBank National Association ("KeyBank"), as Administrative Agent, and the other lenders signatory thereto, amending that certain Credit Agreement dated as of March 27, 2013 (as amended, modified or supplemented, the "Credit Agreement").

The Third Amendment amended certain provisions of the Credit Agreement pursuant to which, among other things, (i) KeyBank resigned from its roles as Administrative Agent and Issuing Bank, (ii) Royal Bank of Canada assumed each of the roles of Administrative Agent and Issuing Bank, and (iii) the restriction on the aggregate amount of senior debt securities that the Company may have outstanding at any time was revised such that the aggregate principal amount of such debt securities is governed solely by the Company's pro forma compliance with existing financial covenants set forth in the Credit Agreement and not subject to a specified dollar limit.

The foregoing description of the Third Amendment does not purport to be complete and is qualified in its entirety by reference to the complete text of this agreement. A copy of the Third Amendment will be filed with the Company's next Quarterly Report on Form 10-Q.

Item 2.03. Creation of a Direct Financial Obligation or an Obligation under an

Off-Balance Sheet Arrangement of a Registrant.

The information described above under "Item 1.01 Entry into a Material Definitive Agreement" is incorporated herein by reference.

Item 7.01. Regulation FD Disclosure.

On July 14, 2014, in conjunction with the offering of senior notes referenced in Item 8.01 below, the Company reaffirmed 2014 guidance, originally published in its July 7, 2014 press release furnished on a Current Report on Form 8-K dated July 7, 2014. For a discussion of factors that may cause actual results to differ materially from current expectations, see the "Forward-Looking Statements" section in that press release.

In accordance with General Instruction B.2 of Form 8-K, the information under this Item 7.01 shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth in such a filing.

Item 8.01. Other Events.

On July 14, 2014, the Company issued a press release, a copy of which is attached hereto as Exhibit 99.1 and incorporated herein by reference, announcing its intention to offer $250 million in aggregate principal amount of senior notes due 2022 in a private placement, subject to market conditions.



This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which the offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or jurisdiction.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits. Exhibit Number Description 99.1 Rex Energy Corporation Press Release dated July 14, 2014. [Signature page to follow] 3


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Source: Edgar Glimpses

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