Profrac holding corp. completes refinancing of senior secured term loan and enhances financial flexibility

Willow park, texas , dec. 27, 2023 /prnewswire/ -- profrac holding corp. (nasdaq: acdc) ("profrac", or the "company") today 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.
ACDC Ratings Summary
ACDC Quant Ranking