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FTK — Flotek Industries News Story

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Brief: Flotek Secures $120 Million Senior Secured Term Loan To Support Continued Strategic Growth

BRIEF-Flotek Secures $120 Million Senior Secured Term Loan To Support Continued Strategic Growth

- Flotek Industries Inc FTK.N:

  • FLOTEK SECURES $120 MILLION SENIOR SECURED TERM LOAN TO SUPPORT CONTINUED STRATEGIC GROWTH

  • FLOTEK INDUSTRIES - EXISTING ASSET-BASED LOAN EXTENDED TO OCT 31, 2027 WITH $20 MILLION BORROWING CAPACITY

  • FLOTEK INDUSTRIES - PROCEEDS TO SUPPORT DATA ANALYTICS, REFINANCE $40 MILLION TERM LOAN, FUND WORKING CAPITAL

Source text: ID:nPnc9M087a

Further company coverage: FTK.N


((Reuters.Briefs@thomsonreuters.com;))

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