ProFrac Holding Corp. announced that, on December 27, 2023, it completed the refinancing of its existing Senior Secured Term Loan and other debt with two new financings totaling $885 million, which will both mature in 2029. As a result of these transactions, ProFrac is well positioned to deliver exceptional service to its customers and poised to maintain its position as a leader in the oilfield services industry in anticipation of a strong 2024.
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May. 09 | Sector Update: Energy Stocks Gain in Late Afternoon Trading | MT |
May. 09 | ProFrac Holding Q1 Net Income, Revenue Decline; Shares Advance | MT |
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-6.37% | 1.27B | |
-6.80% | 69.32B | |
+2.54% | 32.82B | |
-5.38% | 32.28B | |
+32.08% | 11.46B | |
+24.51% | 8.91B | |
-7.10% | 7.45B | |
+17.19% | 6.52B | |
+47.02% | 5.89B | |
+45.28% | 5.53B |
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- ProFrac Holding Corp. Completes Refinancing of Senior Secured Term Loan and Enhances Financial Flexibility