---
schema_version: "secwatch.filing_event.v1"
accession: "0001121484-26-000002"
form_type: "8-K"
ticker: "OIS"
cik: "0001121484"
company_name: "OIL STATES INTERNATIONAL, INC"
filed_at: "2026-01-28T23:59:59+00:00"
generated_at: "2026-05-16T06:53:34.306537+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Oil States replaces $125M asset-based revolver with $125M cash-flow credit facility maturing 2030

## Summary
- New $125M facility: $75M revolver (incl. $40M LC sub-limit) plus $50M multi-draw term loan; available to draw through July 28, 2026, maturing Jan 28, 2030.
- Interest at Term SOFR + 2.50%-3.50% or base rate + 1.50%-2.50%; commitment fee 0.375%-0.500% on unused commitments.
- Covenants: interest coverage ≥3.00x, total net leverage ≤2.50x (3.25x in certain periods), senior secured net leverage ≤2.00x.
- In Q4 2025, bought $50M of 4.75% convertible notes due 2026; $53M remain. Cash on-hand $70M at Dec 31, 2025; no borrowings under new facility at Jan 28, 2026.
- Company plans to extinguish remaining 2026 notes with cash and/or borrowings under the new facility.

## SEC filing metadata
- accession: 0001121484-26-000002
- form_type: 8-K
- ticker: OIS
- cik: 0001121484
- company_name: OIL STATES INTERNATIONAL, INC
- filed_at: 2026-01-28T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1121484/000112148426000002/0001121484-26-000002-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1121484/000112148426000002/ois-20260128.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001121484-26-000002
- JSON: https://secwatch.observer/filing/0001121484-26-000002.json
- Plain text: https://secwatch.observer/filing/0001121484-26-000002.txt

## Key facts
- Debt Financings
  OIL STATES INTERNATIONAL, INC incurred credit facility of $125.0 million with Wells Fargo Bank, National Association at Term SOFR plus a margin of 2.50% to 3.50% maturing January 28, 2030.
  - Instrument: credit facility
  - Principal: $125.0 million
  - Counterparty: Wells Fargo Bank, National Association
  - Rate: Term SOFR plus a margin of 2.50% to 3.50%
  - Maturity: January 28, 2030
  - Event: incurrence
  source text: agent and the lenders and other financial institutions from time to time party thereto. The Cash Flow Credit Agreement provides for credit facilities with total commitments of $125.0 million, consisting of a $75.0 million revolving credit facility including a $40.0 million sub-limit for the issuance of letters of credit (the “ Revolving Credit Facility”) and a $50.0
  evidence_url: https://www.sec.gov/Archives/edgar/data/1121484/000112148426000002/0001121484-26-000002-index.htm
- Material Agreements
  OIL STATES INTERNATIONAL, INC amended Cash Flow Credit Agreement with Wells Fargo Bank, National Association valued at $125.0 million (effective 2026-01-28).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Wells Fargo Bank, National Association
  - Value: $125.0 million
  - Effective: 2026-01-28
  source text: On January 28, 2026 , Oil States International, Inc. (the “Company”) entered into an amended and restated credit agreement (the “Cash Flow Credit Agreement”) among the Company, Wells Fargo Bank, National Association as administrative agent and the lenders and other financial institutions from time to time party thereto.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1121484/000112148426000002/0001121484-26-000002-index.htm

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