debt
confidence high
sentiment neutral
materiality 0.55
Kodiak Gas Services prices $1.2B senior notes offering (6.500% due 2033, 6.750% due 2035)
Kodiak Gas Services, Inc.
- $600M of 6.500% notes due 2033 and $600M of 6.750% notes due 2035 priced at par.
- Proceeds to repay a portion of outstanding ABL facility; ABL commitments to be reduced to $2.0B and maturity extended.
- Notes guaranteed by parent Kodiak Gas Services, existing and certain future subsidiaries.
- Offering expected to close on September 5, 2025, subject to customary closing conditions.
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