Brief: ProFrac Funds ProFrac II Request For $70 Mln Of Delayed Draw Term B Loans
23/01/2023 11:33
Jan 23 (Reuters) - ProFrac Holding Corp ACDC.O :
* PROFRAC-ON JAN 20, CERTAIN OF EXISTING, NEW TERM LENDERS
UNDER
LOAN AGREEMENT FUNDED PROFRAC II LLC’S REQUEST FOR $70 MILLION
OF DELAYED DRAW TERM B LOANS
* PROFRAC HOLDING - AFTER GIVING EFFECT TO SECOND TERM B
LOAN
DELAYED DRAW, THERE WAS ABOUT $669 MILLION OUTSTANDING UNDER
AMENDED TERM LOAN AGREEMENT
Further company coverage: ACDC.O
((Reuters.Briefs@thomsonreuters.com;))