secwatch.observer — SEC 8-K summary
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Issuer:     ProFrac Holding Corp. (ACDC)
CIK:        0001881487
Form:       8-K
Filed at:   2023-01-06T23:59:59+00:00
Accession:  0001193125-23-003551
Event type: debt
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1881487/000119312523003551/0001193125-23-003551-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1881487/000119312523003551/d447685d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-003551

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