Oil States International Secures $125 Million Credit Agreement Led by Wells Fargo

Reuters01-29

Oil States International Secures $125 Million Credit Agreement Led by <a href="https://laohu8.com/S/EOD">Wells Fargo</a>

Oil States International Inc. has entered into an amended and restated credit agreement, replacing its previous $125 million asset-based revolving credit facility. The new agreement provides for $125 million in total commitments, comprising a $75 million revolving credit facility and a $50 million multi-draw term loan facility available through July 28, 2026. Wells Fargo Bank serves as the administrative agent, with additional lenders including Zions Bancorporation (Amegy Bank), Woodforest National Bank, and First Bank. The facility matures on January 28, 2030, and borrowings will bear interest based on the company’s net leverage ratio. The agreement is secured by substantially all of Oil States’ and its guarantors’ U.S. assets and certain foreign subsidiary stock, and includes customary financial covenants and conditions. As of January 28, 2026, no borrowings were outstanding under the new facility.

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. Oil States International Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260128190544) on January 28, 2026, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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The new agreement provides for $125 million in total commitments, comprising a $75 million revolving credit facility and a $50 million multi-draw term loan facility available through July 28, 2026. Wells Fargo Bank serves as the administrative agent, with additional lenders including Zions Bancorporation (Amegy Bank), Woodforest National Bank, and <a href=\"https://laohu8.com/S/FRBA\">First Bank</a>. The facility matures on January 28, 2030, and borrowings will bear interest based on the company’s net leverage ratio. The agreement is secured by substantially all of Oil States’ and its guarantors’ U.S. assets and certain foreign subsidiary stock, and includes customary financial covenants and conditions. 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The new agreement provides for $125 million in total commitments, comprising a $75 million revolving credit facility and a $50 million multi-draw term loan facility available through July 28, 2026. Wells Fargo Bank serves as the administrative agent, with additional lenders including Zions Bancorporation (Amegy Bank), Woodforest National Bank, and First Bank. The facility matures on January 28, 2030, and borrowings will bear interest based on the company’s net leverage ratio. The agreement is secured by substantially all of Oil States’ and its guarantors’ U.S. assets and certain foreign subsidiary stock, and includes customary financial covenants and conditions. As of January 28, 2026, no borrowings were outstanding under the new facility.\n      \n\n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. 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