secwatch.observer — SEC 8-K summary
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Issuer:     Archrock, Inc. (AROC)
CIK:        0001389050
Form:       8-K
Filed at:   2024-08-26T23:59:59+00:00
Accession:  0001104659-24-092915
Event type: debt
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 2.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Archrock closes $700M 6.625% notes due 2032; tender offer for 2027 notes oversubscribed
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- $700M 6.625% senior notes due 2032 issued by Archrock Partners & Finance Corp., guaranteed by parent and subsidiaries.
- Net proceeds to fund acquisition of Total Operations and Production Services and tender offer for up to $200M of 6.875% 2027 notes.
- Tender offer for 6.875% 2027 notes received ~$312.3M tenders against $200M cap; proration factor ~64%.
- Initial settlement for tender on Aug 26, 2024; offers expire Sept 10, 2024.
- Supplemental indentures added Archrock ELT LLC as guarantor for existing 2027 and 2028 notes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1389050/000110465924092915/0001104659-24-092915-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1389050/000110465924092915/tm2422631d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-092915

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