ProFrac signs USD 300 million Eclipse asset-based revolving credit facility refinancing JPMorgan ABL loan
Jpmorgan Chase
ProFrac Holding
Jpmorgan Chase JPM | 0.00 | |
ProFrac Holding ACDC | 0.00 |
- ProFrac entered a new USD 300 million asset-based revolving credit facility with Eclipse Business Capital, replacing its USD 275 million JPMorgan ABL.
- The facility matures July 1, 2030, extending the prior September 2027 maturity.
- Proceeds repaid outstanding borrowings under the prior ABL, supporting higher liquidity through improved borrowing-base terms.
- Includes an uncommitted accordion for up to USD 25 million, lifting potential capacity to USD 325 million.
- Pricing starts at adjusted term SOFR + 4.25% through Jan. 1, 2027, then shifts to base rate + 3%-3.5% or SOFR + 4%-4.5%.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ProFrac Holding Corp. published the original content used to generate this news brief via Business Wire (Ref. ID: 202607060500BIZWIRE_USPR_____20260706_BW167550) on July 06, 2026, and is solely responsible for the information contained therein.
