ProPetro Expands Credit Facility and Secures $350 Million Equipment Financing with Stonebriar

Reuters

2025/12/31

ProPetro Expands Credit Facility and Secures $350 Million Equipment Financing with Stonebriar

ProPetro Holding Corp. has amended its existing Amended and Restated Credit Agreement, increasing the debt basket for capital leases, purchase money debt, and similar financing facilities to $425 million, effective December 26, 2025. Additionally, ProPetro Energy Solutions, a wholly owned subsidiary, entered into an Interim Funding Agreement and a Master Lease Agreement with Stonebriar Commercial Finance LLC on December 29, 2025. This arrangement provides ProPetro with the right to fund up to $350 million in purchases of power generator equipment. Stonebriar will finance down payments and progress payments for the equipment, with lease terms of 84 months and options for early termination and purchase.

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. ProPetro Holding Corp. 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: 0001680247-25-000158), on December 30, 2025, and is solely responsible for the information contained therein.

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ID: 0001680247-25-000158), on December 30, 2025, and is solely responsible for the information contained therein.</span></i>\n</p>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4179","symbol_name":"石油天然氣設備與服務","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251230:nNDL6TQwY9:1","article_id":"2595717030","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2595717030","pubTimestamp":1767129717,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"ProPetro Holding Corp. has amended its existing Amended and Restated Credit Agreement, increasing the debt basket for capital leases, purchase money debt, and similar financing facilities to $425 million, effective December 26, 2025. 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