---
schema_version: "secwatch.filing_event.v1"
accession: "0001738827-23-000043"
form_type: "8-K"
ticker: "KLXE"
cik: "0001738827"
company_name: "KLX Energy Services Holdings, Inc."
filed_at: "2023-06-20T23:59:59+00:00"
generated_at: "2026-06-13T21:29:47.110167+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# KLX Energy extends ABL facility maturity to Sep 2025, upsizes to $120M

## Summary
- Maturity extended from Sep 15, 2024 to earlier of Sep 15, 2025 or Aug 1, 2025 if senior secured notes still outstanding.
- Revolving credit commitment increased from $100M to $120M.
- Pro forma available liquidity at Mar 31, 2023 would have been $104M ($40M cash + $64M ABL).
- As of May 31, 2023, cash was $67M and pro forma available liquidity $130M ($63M ABL availability).
- Amendment led by JPMorgan Chase Bank; upsizing and extension provide financial flexibility and support deleveraging.

## SEC filing metadata
- accession: 0001738827-23-000043
- form_type: 8-K
- ticker: KLXE
- cik: 0001738827
- company_name: KLX Energy Services Holdings, Inc.
- filed_at: 2023-06-20T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.02, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1738827/000173882723000043/0001738827-23-000043-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1738827/000173882723000043/klxe-20230620.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001738827-23-000043
- JSON: https://secwatch.observer/filing/0001738827-23-000043.json
- Plain text: https://secwatch.observer/filing/0001738827-23-000043.txt

## Key facts
- Debt Financings
  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
  source text: (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”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1738827/000173882723000043/0001738827-23-000043-index.htm
- Material Agreements
  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
  source text: 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”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1738827/000173882723000043/0001738827-23-000043-index.htm

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