RPC amends, restates revolving credit agreement with Bank of America-led lender group

RPC, Inc.
Bank of America Corp

RPC, Inc.

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Bank of America Corp

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  • RPC entered an amended and restated credit agreement dated June 30, 2026, extending its revolving credit facility with Bank of America as administrative agent.
  • Revolver maturity set at June 30, 2031, with up to two one-year extensions capped at June 30, 2033.
  • Borrowing base structure tied to receivables; availability can be limited to the lesser of commitments or the borrowing base when EBITDA falls below USD 50 million.
  • Pricing grid set by consolidated leverage ratio; Term SOFR loan margin ranges from 1.25% to 2.25%, with base-rate margins from 0.25% to 1.25%.
  • Letter of credit sublimit set at USD 35 million; swing line sublimit set at USD 35 million.


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. RPC Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-081292), on July 07, 2026, and is solely responsible for the information contained therein.