---
schema_version: "secwatch.filing_event.v1"
accession: "0001084991-25-000044"
form_type: "8-K"
ticker: "NGS"
cik: "0001084991"
company_name: "NATURAL GAS SERVICES GROUP INC"
filed_at: "2025-04-22T23:59:59+00:00"
generated_at: "2026-05-23T08:59:24.612055+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# NGS expands credit facility to $400M with improved terms, interest rate cut

## Summary
- Total commitments raised from $300M to $400M; accordion feature increased to $100M (max $500M).
- Interest rate reduced by 50-75 bps at comparable leverage levels; more flexible leverage covenant from mid-2026.
- Funds to support growth in large horsepower and electric drive rental compression in Permian Basin.
- Amendment effective April 18, 2025; Texas Capital Bank remains administrative agent.

## SEC filing metadata
- accession: 0001084991-25-000044
- form_type: 8-K
- ticker: NGS
- cik: 0001084991
- company_name: NATURAL GAS SERVICES GROUP INC
- filed_at: 2025-04-22T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1084991/000108499125000044/0001084991-25-000044-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1084991/000108499125000044/ngs-20250418.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001084991-25-000044
- JSON: https://secwatch.observer/filing/0001084991-25-000044.json
- Plain text: https://secwatch.observer/filing/0001084991-25-000044.txt

## Key facts
- Debt Financings
  NATURAL GAS SERVICES GROUP INC amended credit facility of $300 million to $400 million with Texas Capital Bank.
  - Instrument: credit facility
  - Principal: $300 million to $400 million
  - Counterparty: Texas Capital Bank
  - Event: amendment
  source text: The Fourth Amendment increased the commitment to our existing credit facility with the lenders from $300 million to $400 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1084991/000108499125000044/0001084991-25-000044-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.