Kodiak Gas Services Announces Pricing of $750 Million Senior Unsecured Notes Offering
Kodiak Gas Services, Inc. (KGS)
Company Research
Source: PR Newswire
MONTGOMERY, Texas, Jan. 30, 2024 /PRNewswire/ -- Kodiak Gas Services, Inc. (NYSE: KGS) ("Kodiak", "we" or the "Company") today announced that its wholly owned subsidiary, Kodiak Gas Services, LLC (the "Issuer"), priced its previously announced private offering (the "Offering") of $750 million in aggregate principal amount of 7.250% senior unsecured notes due 2029 (the "Notes"). The Notes will have a maturity date of February 15, 2029. The Offering is expected to close on February 2, 2024, subject to customary closing conditions. The Notes will be issued at par and will be guaranteed on a senior unsecured basis by the Company, its existing subsidiaries and certain of its future U.S. subsidiaries that guarantee the Issuer's revolving asset-based loan credit facility (the "ABL Facility").The Issuer intends to use the net proceeds from the Offering to repay a portion of the outstanding indebtedness under the ABL Facility and to pay related fees, costs, premiums and expenses in connection
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KGS
News
- Kodiak Gas Services, Inc. (NYSE:KGS) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Kodiak Gas Services, Inc. (NYSE: KGS) had its price target raised by analysts at Truist Financial Co. from $28.00 to $32.00. They now have a "buy" rating on the stock.MarketBeat
- Kodiak Gas Services Announces First Quarter 2024 Results Including Record Adjusted EBITDA; Increases Full Year 2024 Guidance [Yahoo! Finance]Yahoo! Finance
- Kodiak Gas Services Announces First Quarter 2024 Results Including Record Adjusted EBITDA; Increases Full Year 2024 GuidancePR Newswire
- Kodiak Gas Services Announces Quarterly Dividend of $0.38 per Share of Common StockPR Newswire
KGS
Earnings
- 5/8/24 - Beat
KGS
Sec Filings
- 5/9/24 - Form 10-Q
- 5/8/24 - Form 8-K
- 5/3/24 - Form 8-K
- KGS's page on the SEC website