---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-003551"
form_type: "8-K"
ticker: "ACDC"
cik: "0001881487"
company_name: "ProFrac Holding Corp."
filed_at: "2023-01-06T23:59:59+00:00"
generated_at: "2026-06-20T19:01:34.105519+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# ProFrac draws $80M of $150M delayed term loan; consents to Producers and REV acquisitions

## Summary
- Funded $80M of delayed draw Term B Loans on Jan 4, 2023; up to $150M available through Dec 31, 2023.
- Third Term Loan Amendment consents to acquisitions of Producers Service Holdings and REV Energy Holdings.
- Also amended ABL Credit Facility to allow REV Energy seller financing and the same acquisitions.
- Total term loan outstanding after funding approximately $599.2 million.
- Amendments dated December 30, 2022; $80M draw completed by certain existing and new lenders.

## SEC filing metadata
- accession: 0001193125-23-003551
- form_type: 8-K
- ticker: ACDC
- cik: 0001881487
- company_name: ProFrac Holding Corp.
- filed_at: 2023-01-06T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1881487/000119312523003551/0001193125-23-003551-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1881487/000119312523003551/d447685d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-003551
- JSON: https://secwatch.observer/filing/0001193125-23-003551.json
- Plain text: https://secwatch.observer/filing/0001193125-23-003551.txt

## Key facts
- Debt Financings
  ProFrac Holding Corp. incurred term loan of $80.0 million with the lenders.
  - Instrument: term loan
  - Principal: $80.0 million
  - Counterparty: the lenders
  - Event: incurrence
  source text: On January 4, 2023, certain of the existing and certain new term lenders under the Amended Term Loan Agreement funded ProFrac II LLC’s request for $80.0 million of Delayed Draw Term B Loans
  evidence_url: https://www.sec.gov/Archives/edgar/data/1881487/000119312523003551/0001193125-23-003551-index.htm
- Debt Financings
  ProFrac Holding Corp. amended term loan of up to $150.0 million with Piper Sandler Finance LLC.
  - Instrument: term loan
  - Principal: up to $150.0 million
  - Counterparty: Piper Sandler Finance LLC
  - Event: amendment
  source text: in each case, subject to the terms and conditions set forth therein, to: (i) allow ProFrac II LLC to request Delayed Draw Term B Loans in an aggregate principal amount of up to $150.0 million, (ii) the consummation of the previously disclosed acquisition of each of Producers Service Holdings LLC (“ Producers ”) and REV Energy Holdings, LLC (“ REV ”) by ProFrac II LLC,
  evidence_url: https://www.sec.gov/Archives/edgar/data/1881487/000119312523003551/0001193125-23-003551-index.htm

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