---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-032851"
form_type: "8-K"
ticker: "PUMP"
cik: "0001680247"
company_name: "ProPetro Holding Corp."
filed_at: "2025-04-08T23:59:59+00:00"
generated_at: "2026-05-23T19:03:28.074707+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# ProPetro enters $103.7M loan agreement with Caterpillar Financial to fund turbine generators

## Summary
- Loan facility up to $103.7M from Caterpillar Financial Services; 85% of purchase price for mobile gas turbine generator sets.
- Initial interim advances at floating rate (3M USDSOFR + 3.85% + index adjustment); converts to fixed-rate term notes (3yr Treasury + 3.70% + index).
- Term notes amortize over up to 5 years; prepayment penalty of 3% for early repayment within first 6 months of term note or during interim phase.
- Guarantors: ProPetro Holding Corp and ProPetro Services fully and unconditionally guarantee all obligations.
- First-lien security on equipment collateral; customary affirmative and negative covenants apply.

## SEC filing metadata
- accession: 0001104659-25-032851
- form_type: 8-K
- ticker: PUMP
- cik: 0001680247
- company_name: ProPetro Holding Corp.
- filed_at: 2025-04-08T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1680247/000110465925032851/0001104659-25-032851-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1680247/000110465925032851/tm2511788d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-032851
- JSON: https://secwatch.observer/filing/0001104659-25-032851.json
- Plain text: https://secwatch.observer/filing/0001104659-25-032851.txt

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