ProPetro Expands Credit Facility and Secures $350 Million Equipment Financing with Stonebriar

Reuters
2025.12.30 21:21
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ProPetro Holding Corp. has amended its credit agreement, increasing the debt basket for capital leases and similar financing to $425 million, effective December 26, 2025. Additionally, its subsidiary, ProPetro Energy Solutions, secured a $350 million equipment financing agreement with Stonebriar Commercial Finance LLC, allowing funding for power generator equipment purchases. The lease terms are 84 months with options for early termination and purchase.