Recent Updates — ACDC
July 6, 2026View Source ↗
On July 1, 2026, ProFrac Holdings II, LLC entered into a $300.0 million senior secured asset-based revolving credit facility with Eclipse Business Capital LLC, which includes an uncommitted accordion for up to $25.0 million in additional capacity. The company used these funds to refinance and terminate its preexisting credit agreement with JPMorgan Chase Bank, N.A. Additionally, a Seventh Supplemental Indenture was executed to increase the permitted indebtedness under existing senior secured floating rate notes due 2029 from $275.0 million to $325.0 million. ProFrac Holding Corp. provides oil and gas fracturing services for the energy industry.