ProFrac Holding Corp. announced the issuance of additional 2029 Senior Notes and amendments to its Alpine Term Loan. These strategic actions are expected to generate approximately $90 million in incremental liquidity for the company in 2025.
The company stated that these measures reflect its proactive approach to balance sheet management amidst current market headwinds and uncertainty. Further details regarding these amendments will be disclosed in a Form 8-K filing with the U.S. Securities and Exchange Commission.
This move aims to bolster ProFrac's financial position, providing greater flexibility to navigate market conditions and support its operational and strategic initiatives. The enhanced liquidity is a direct result of these targeted debt management efforts.
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