Solaris issues $1.3B senior notes, enters $650M revolver to refinance debt and fund growth

Filed May 12, 2026 · Period ending May 12, 2026 · ~1 min read

Key Changes

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  Issued $1.3B of 6.375% senior notes due 2031 at par, netting ~$1.28B after fees; used proceeds to repay existing debt and plans to fund growth capex with remainder.

  Item 1.01 — Entry into a Material Definitive Agreement verify on EDGAR →
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  Entered $650M revolving credit facility (expandable to $850M) with MUFG Bank at Term SOFR plus 2.50%-3.50% margin; secured by substantially all assets.

  Item 1.01 — Entry into a Material Definitive Agreement verify on EDGAR →
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  Terminated $500M Goldman Sachs term loan and $148.6M Stonebriar facility with no penalty on the former; paid $5.9M prepayment fee on the latter.

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