04:43 AM EDT, 10/28/2025 (MT Newswires) -- Texas Pacific Land ( TPL ) said late Monday it has completed a new $500 million revolving credit facility.

The facility has a $250 million accordion exercisable if new or current lenders agree to offer or raise their commitments, the company said. The facility matures on Oct. 23, 2029.

Texas Pacific said the credit facility was undrawn at close.