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ProPetro Increases Credit Agreement to $425MM; Stonebriar to Fund up to $350MM in Equipment Leasing-Purchases

December 31, 2025, 07:15 AM
Filed Under: Company Announcements

ProPetro Holding Corp. has entered into an amendment to its Amended and Restated Credit Agreement. The Dec. 26, 2025 amendment increases the debt basket for capital leases, purchase money debt and other similar financing facilities to $425 million, according to a recent Securities and Exchange Commission filing.

Additionally, on Dec. 29, 2025, ProPetro Energy Solutions LLC (“ProPetro Energy Solutions”), a wholly owned subsidiary of ProPetro Holding, entered into an Interim Funding Agreement and a Master Lease Agreement with Stonebriar Commercial Finance LLC for the right, but not the obligation, to fund up to $350 million of purchases of power generator equipment. Under the Interim Funding Agreement, Stonebriar provides funding to finance down payments and progress payments owing to equipment suppliers, the filing stated.







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