Business Wire·Mar 11, 2026, 7:30 PM ET

Kodiak Gas Services Announces Upsizing and Pricing of $1,000,000,000 Senior Unsecured Notes Offering

Kodiak Gas Services, Inc. priced a $1.0 billion private offering of 5.875% senior unsecured notes due April 1, 2031.
The notes are expected to close on March 20, 2026, subject to customary conditions.
Proceeds will primarily redeem the Issuer's outstanding 7.25% senior notes due 2029 at a price of 103.625% of par plus accrued interest.
Remaining net proceeds will be used to reduce borrowings under the company's revolving asset-based loan credit facility.
The Issuer plans to use available ABL Facility funds to acquire 100% of Distributed Power Solutions, LLC.
The notes are unregistered securities offered only to qualified institutional buyers or non-U.S. persons under Rule 144A or Regulation S.
The notes are guaranteed on a senior unsecured basis by Kodiak, its existing subsidiaries, & certain future U.S. subsidiaries guaranteeing the ABL Facility.