ProFrac amends Alpine term loan, extends maturity to Feb. 2030 - ACDC News | RalliesProFrac amends Alpine term loan, extends maturity to Feb. 2030
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ACDC• Alpine term loan amendment and maturity extension
- ProFrac Holding entered Amendment No. 5 to the Alpine Term Loan Credit Agreement on Sept. 11, 2026.
- Maturity was extended to Feb. 15, 2030 from Jan. 26, 2029.
- PFP Holding can pay 675 basis points of interest in kind for 12 months starting Sept. 1, 2026.
- Quarterly amortization was cut to USD 0 through March 31, 2028, then USD 10 million; it reverts to USD 15 million after the 2029 notes are repaid.
- A separate USD 60 million term-loan class was assigned to affiliates, then cancelled in exchange for 2,306,806 Flotek shares.
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