USA Compression restructures credit facility to $1.75B ABL, matures 2030 with early triggers

USA Compression Partners, LP

New $1.75B asset-based revolving credit facility, matures August 27, 2030.
Early maturity if >$50M of 6.875% Senior Notes due 2027 outstanding on June 2, 2027, or >$50M of 7.125% Senior Notes due 2029 outstanding on Dec 14, 2028.
Borrowing base includes 85% of eligible accounts and 80% of net orderly liquidation value of compression units and treating assets.
Interest margin: Term SOFR plus 1.75%-2.50%, ABR plus 0.75%-1.50%, based on Total Leverage Ratio.
Financial covenants: Total Leverage ≤5.50x, Interest Coverage ≥2.50x, Secured Leverage ≤3.00x.

item 2.03item 9.01

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.