Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
ProPetro Holding Corp. incurred convertible notes of $690 million with U.S. Bank Trust Company, National Association at 0.00% maturing November 15, 2031.
- Instrument
- convertible notes
- Principal
- $690 million
- Counterparty
- U.S. Bank Trust Company, National Association
- Rate
- 0.00%
- Maturity
- November 15, 2031
- Event
- incurrence
Exact text from the filing
On May 7, 2026, ProPetro Holding Corp. (the “ Company ”), issued $690 million aggregate principal amount of its 0.00% Convertible Senior Notes due 2031
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Equity Issuances
SEC 8-K Item 3.02/3.03
confidence 0.95
ProPetro Holding Corp. issued a maximum of 40,949,499 shares of the Company's Common Stock may be issued upon conversion of the Notes of convertible note to qualified institutional buyers for $690 million aggregate principal amount of its 0.00% Convertible Senior Notes due 2031.
- Security
- convertible note
- Shares
- a maximum of 40,949,499 shares of the Company's Common Stock may be issued upon conversion of the Notes
- Purchaser
- qualified institutional buyers
- Consideration
- $690 million aggregate principal amount of its 0.00% Convertible Senior Notes due 2031
Exact text from the filing
financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ Item 1.01 Entry Into or Amendment of a Material Definitive Agreement Indenture On May 7, 2026, ProPetro Holding Corp. (the “ Company ”), issued $690 million aggregate principal amount of its 0.00% Convertible Senior Notes due 2031 (the “ Notes ”), which included the
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
ProPetro Holding Corp. entered into Indenture with U.S. Bank Trust Company, National Association valued at $690 million (effective 2026-05-07).
- Action
- entry
- Agreement
- notes offering
- Counterparty
- U.S. Bank Trust Company, National Association
- Value
- $690 million
- Effective
- 2026-05-07
Exact text from the filing
On May 7, 2026, ProPetro Holding Corp. (the “ Company ”), issued $690 million aggregate principal amount of its 0.00% Convertible Senior Notes due 2031 (the “ Notes ”), which included the exercise in full of the Initial Purchasers’ (as defined below) option to purchase up to an additional $90 million principal amount of Notes. The Notes were issued pursuant to, and are governed by, an indenture (the “ Indenture ”), dated as of May 7, 2026, between the Company and U.S. Bank Trust Company, National Association, as trustee (the “ Trustee ”).
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