ProFrac Holding Corp. Amends Term Loan to Reduce Payments and Defer Leverage Testing
I'm PortAI, I can summarize articles.
ProFrac Holding Corp. has amended its Alpine Term Loan Credit Agreement to reduce quarterly amortization payments from $15 million to $7.5 million for Q1 and Q2 2026. The requirement to test the Total Net Leverage Ratio is deferred to March 31, 2028. This amendment aims to optimize ProFrac's capital structure and manage financial obligations.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Reuters The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments