ProFrac refinances ABL facility with $300M Eclipse credit agreement, extends maturity to 2030

Filed July 6, 2026 · Period ending July 1, 2026 · ~1 min read

Key Changes

• high

  Replaced $275M JPMorgan ABL facility (maturing Sept 2027) with new $300M Eclipse facility maturing July 2030, extending maturity nearly 3 years and adding $25M capacity.

  Item 1.01 — Entry into a Material Definitive Agreement verify on EDGAR →
• high

  New facility bears interest at SOFR (2.00% floor) plus 4.00%-4.50% or base rate plus 3.00%-3.50%, with initial rate of SOFR+4.25% through Dec 2026, then pricing grid based on availability and coverage ratio.

  Item 1.01 — Entry into a Material Definitive Agreement verify on EDGAR →
• medium

  Includes $25M uncommitted accordion feature for potential total capacity of $325M; amended notes indenture to increase permitted credit facility debt from $275M to $325M.

  Item 1.02 — Termination of a Material Definitive Agreement verify on EDGAR →