ProFrac (ACDC) said Monday it issued additional 2029 senior notes and amended its Alpine term loan.
The moves are expected to generate about $90 million in additional liquidity this year.
ProFrac said it issued $20 million of incremental 2029 senior notes, with an additional $20 million committed in each of Q3 and Q4, bringing total commitments to $60 million.
The company also said the amendments include a $30 million reduction in quarterly 2025 amortization payments on the Alpine term loan.
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