Beal Bank Provides $637.5 million of $885.0 million in New Debt to ProFrac Holding Corp (NASDAQ: ACDC) and its Subsidiaries
ProFrac (ACDC) Prnewswire·2024-01-22 23:51
DALLAS, Jan. 22, 2024 /PRNewswire/ -- Beal Bank is pleased to announce that it has provided of 885,000,000 to refinance an existing term loan of ProFrac Holding Corp. (NASDAQ: ACDC) as majority holder of newly issued 365,000,000 term loan to ProFrac's wholly owned subsidiary Alpine Silica. Farzin Dinyarian, Head of Oil & Gas for Beal Bank's wholly-owned commercial lending subsidiary CSG Investments, Inc., s ...