• Presidio priced a USD 350 million investment-grade ABS refinancing, split into USD 175 million 5.902% Class A-1 notes and USD 175 million 6.717% Class A-2 notes.
• Both ABS tranches mature in 2041; weighted-average coupon is 6.38%, down 184 basis points from the prior ABS.
• Proceeds refinanced USD 263 million of existing ABS debt; also repaid USD 37 million on the RBL, leaving a USD 65 million borrowing base undrawn.
• Deal funded USD 35 million of additional hedges; remaining proceeds allocated to fees, expenses, and general corporate purposes.

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