ProPetro Holding Corp. announced that its wholly owned subsidiary, ProPetro Energy Solutions, LLC, has entered into an amendment to its existing Master Loan and Security Agreement with Caterpillar Financial Services Corporation. Under the amended agreement, Caterpillar Financial will increase the available funds by an additional $53.55 million. The financing will be used to purchase turbine generator sets and related auxiliary equipment. The loans will be secured by the acquired equipment and fully guaranteed by ProPetro Holding Corp. and ProPetro Services, Inc., with the agreement including customary covenants and restrictions on further encumbrance of the collateral.
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: 0001104659-26-012332), on February 10, 2026, and is solely responsible for the information contained therein.
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