secwatch.observer — SEC 8-K summary
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Issuer:     NATURAL GAS SERVICES GROUP INC (NGS)
CIK:        0001084991
Form:       8-K
Filed at:   2024-06-28T23:59:59+00:00
Accession:  0001084991-24-000080
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Natural Gas Services Group upsizes credit facility to $350M via third amendment
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- Credit facility commitment increased from $300M to $350M effective June 25, 2024.
- Third Amendment executed with Texas Capital Bank (admin agent) and multiple lenders including Bank of America, Huntington, Zions/Amegy, First-Citizens, Webster, Caterpillar, Bank of Hope.
- Borrowers may request up to $50M additional increases (max three requests) subject to $350M cap.
- Company agrees to reimburse administrative agent's reasonable expenses including counsel fees.
- All existing guaranties, security interests, and loan obligations remain in full force and effect.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1084991/000108499124000080/0001084991-24-000080-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1084991/000108499124000080/ngs-20240625.htm
  HTML page:      https://secwatch.observer/filing/0001084991-24-000080

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