Solaris Oilfield unit signs USD 650 million revolving credit facility with MUFG Bank-led group
SOLARIS ENERGY INFRASTRUCTUR SEI | 0.00 |
- Solaris Oilfield Infrastructure entered new credit agreement providing revolving credit facility up to USD 650 million, including USD 150 million letter of credit sublimit.
- Facility includes option to increase commitments by up to USD 200 million, subject to conditions.
- Pricing set at Term SOFR or base rate plus margin tied to total net leverage ratio, with Term SOFR margins ranging from 2.5% to 3.5%.
- Proceeds earmarked for working capital, general corporate purposes, transaction expenses, refinancing.
- Obligations guaranteed by certain restricted subsidiaries, secured by first-priority liens on substantially all borrower and guarantor assets, subject to customary exceptions.
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. Solaris Oilfield Infrastructure 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: 0001193125-26-219852), on May 12, 2026, and is solely responsible for the information contained therein.
