secwatch.observer — SEC 8-K summary
======================================

Issuer:     Kodiak Gas Services, Inc. (KGS)
CIK:        0001767042
Form:       8-K/A
Filed at:   2025-09-10T23:59:59+00:00
Accession:  0001193125-25-200118
Event type: debt
Sentiment:  neutral
Materiality: 0.80
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kodiak Gas Services issues $1.2B in senior notes and amends ABL facility
------------------------------------------------------------------------

- Issued $600M of 6.5% senior notes due 2033 and $600M of 6.75% notes due 2035.
- ABL facility amended: commitments reduced to $2.0B, maturity extended to Sept 5, 2030.
- ABL interest margin reduced to 1.75%-2.50% (SOFR) plus 0.25% unused commitment fee.
- New lenders: Canadian Imperial Bank, Mizuho, MUFG, U.S. Bank; Sunflower Bank exited.
- Notes unsecured; change of control triggers 101% repurchase offer if downgraded.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1767042/000119312525200118/0001193125-25-200118-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1767042/000119312525200118/d40217d8ka.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-200118

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer