debt
confidence high
sentiment neutral
materiality 0.35
ProFrac subsidiary redeems $20M of Senior Secured Floating Rate Notes due 2029
ProFrac Holding Corp.
- Issuer ProFrac Holdings II, LLC redeemed $20M principal of Notes at 100% plus accrued interest on March 29, 2024.
- Notes are Senior Secured Floating Rate Notes originally due 2029.
- Reduction of outstanding debt by $20M.