ProFrac Holding Corp. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Debt (Tables)

Debt (Tables)

3 Months Ended

Mar. 31, 2024

Debt is comprised of the following:


	March 31, 2024			December 31, 2023
ProFrac Holding Corp.:
2029 Senior Notes	$	500.0		$	520.0
2022 ABL Credit Facility		137.7			117.4
Equify Notes (1)		17.1			18.6
Finance lease obligations		8.1			8.6
Other		8.8			13.8
ProFrac Holding Corp. principal amount		671.7			678.4
Less: unamortized debt discounts, premiums, and issuance costs		(16.5	)		(17.4	)
Less: current portion of long-term debt		(57.8	)		(47.2	)
ProFrac Holding Corp. long-term debt, net		597.4			613.8

Alpine Subsidiary:
Alpine 2023 Term Loan		365.0			365.0
Monarch Note		43.8			54.7
Finance lease obligations		1.3			2.1
Alpine principal amount		410.1			421.8
Less: unamortized debt discounts, premiums, and issuance costs		(20.0	)		(22.0	)
Less: current portion of long-term debt		(75.3	)		(71.6	)
Alpine long-term debt, net		314.8			328.2

Flotek Subsidiary:
Flotek ABL credit facility		3.1			7.5
Flotek other		0.2			0.2
Flotek principal amount		3.3			7.7
Less: current portion of long-term debt		(3.3	)		(7.6	)
Flotek long-term debt, net		—			0.1

Consolidated:
Total principal amount		1,085.1			1,107.9
Less: unamortized debt discounts, premiums, and issuance costs		(36.5	)		(39.4	)
Less: current portion of long-term debt		(136.4	)		(126.4	)
Total long-term debt	$	912.2		$	942.1

(1)

Related party debt agreements.

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

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+ Details