M&A
confidence high
sentiment positive
materiality 0.85
Atlas Energy Solutions closes Moser buy for $180M+~1.7M shares; secures $540M loan at 9.51%
Atlas Energy Solutions Inc.
- Completed acquisition of Moser Energy Systems for $180M cash + ~1.7M shares, closed February 24, 2025.
- Entered into a new $540M term loan credit facility with Stonebriar at 9.51% interest, maturing 2032.
- Proceeds used to refinance existing term loan, fund Moser cash consideration, and for general corporate purposes.
- Registration Rights Agreement requires resale filing by March 26, 2025 (or May 25 if WKSI).
- Third ABL Amendment executed to allow new $540M term loan; ABL facility covenants modified.