secwatch.observer — SEC 8-K summary
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Issuer:     ProPetro Holding Corp. (PUMP)
CIK:        0001680247
Form:       8-K
Filed at:   2025-12-30T23:59:59+00:00
Accession:  0001680247-25-000158
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ProPetro enters $350M power generator lease with Stonebriar; ups credit facility basket to $425M
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- Amendment No. 3 to credit agreement increases capital lease/purchase money debt basket to $425M.
- Stonebriar facility provides up to $350M for power generator equipment via interim funding and master lease.
- Interim rate: 1-Month SOFR + 6.25%; lease term 84 months upon conversion; purchase options included.
- Financing supports fleet electrification with early termination and buyout rights at various points.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1680247/000168024725000158/0001680247-25-000158-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1680247/000168024725000158/pump-20251226.htm
  HTML page:      https://secwatch.observer/filing/0001680247-25-000158

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