secwatch / observer
8-K filed June 20, 2023, 7:59 PM ET ticker KLXE CIK 0001738827
debt confidence high sentiment positive materiality 0.70

KLX Energy Services Holdings, Inc. (KLXE): debt financing — KLX Energy extends ABL facility maturity to Sep 2025, upsizes to $120M

KLX Energy Services Holdings, Inc.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

KLX Energy Services Holdings, Inc. amended revolving credit of $100 million to $120 million with JPMorgan Chase Bank, N.A. maturing September 15, 2025.

Instrument
revolving credit
Principal
$100 million to $120 million
Counterparty
JPMorgan Chase Bank, N.A.
Maturity
September 15, 2025
Event
amendment
Exact text from the filing
(the “Company”) entered into a Fourth Amendment to Credit Agreement (the “Fourth Amendment”) with certain of its subsidiaries party thereto, as guarantors, JPMorgan Chase Bank, N.A. (“JPM”), as administrative agent and the lenders party thereto, which amends that certain Credit Agreement, dated as of August 10, 2018, with JPM, as administrative agent, collateral agent and an issuing lender and the other lenders and issuing lenders party thereto from time to time (as amended, the “Credit Agreement”).
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

KLX Energy Services Holdings, Inc. amended Fourth Amendment to Credit Agreement with JPMorgan Chase Bank, N.A. valued at Revolving credit commitment increased from $100 million to $120 million; maturity extended to earlie (effective 2023-06-20).

Action
amendment
Agreement
credit facility
Counterparty
JPMorgan Chase Bank, N.A.
Value
Revolving credit commitment increased from $100 million to $120 million; maturity extended to earlie
Effective
2023-06-20
Exact text from the filing
On June 20, 2023, KLX Energy Services Holdings, Inc. (the “Company”) entered into a Fourth Amendment to Credit Agreement (the “Fourth Amendment”) with certain of its subsidiaries party thereto, as guarantors, JPMorgan Chase Bank, N.A. (“JPM”), as administrative agent and the lenders party thereto, which amends that certain Credit Agreement, dated as of August 10, 2018, with JPM, as administrative agent, collateral agent and an issuing lender and the other lenders and issuing lenders party thereto from time to time (as amended, the “Credit Agreement”).
View on SEC.gov

73 debt financings filed in the last 30 days. Browse all debt financings →

KLX Energy Services Holdings, Inc. filing history →

Source: SEC EDGAR
accession 0001738827-23-000043
Machine-readable: JSON · Markdown · Plain text

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.