---
schema_version: "secwatch.filing_event.v1"
accession: "0001699039-21-000099"
form_type: "8-K"
ticker: "RNGR"
cik: "0001699039"
company_name: "Ranger Energy Services, Inc."
filed_at: "2021-09-29T23:59:59+00:00"
generated_at: "2026-06-29T00:44:12.686473+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Ranger Energy gets bankruptcy court OK for Basic Energy asset purchase, secures $77.5M credit facility

## Summary
- Bankruptcy Court approved acquisition of Basic Energy's well servicing, fishing/rental, coiled tubing assets outside CA (excl. water logistics); close expected by Sept 2021.
- Entered $77.5M senior secured facility: $50M revolver, $12.5M M&E term loan, $15M term loan B, with Eclipse Business Capital.
- M&E term loan fully drawn to repay Wells Fargo and Encina debt; revolver partially drawn for repayment and fees.
- Interest rates: revolver LIBOR+5.00%, M&E term LIBOR+8.00%, term loan B LIBOR+12.00%; facility matures Sept 26, 2025.
- Amended LLC agreement to convert Ranger Energy Services units to uncertified form.

## SEC filing metadata
- accession: 0001699039-21-000099
- form_type: 8-K
- ticker: RNGR
- cik: 0001699039
- company_name: Ranger Energy Services, Inc.
- filed_at: 2021-09-29T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1699039/000169903921000099/0001699039-21-000099-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1699039/000169903921000099/rng-20210923.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001699039-21-000099
- JSON: https://secwatch.observer/filing/0001699039-21-000099.json
- Plain text: https://secwatch.observer/filing/0001699039-21-000099.txt

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