U.S. Well Services Inc - Ordinary Shares - Class A

NASDAQ:USWS  
0.98
-0.02 (-2.47%)
Debt Financing / Related, Other Pre-Announcement, Equity Financing / Related

U.S. Well Services Issues $125.5 Million Convertible Senior Secured PIK Notes

Published: 06/28/2021 21:05 GMT
U.S. Well Services Inc - Ordinary Shares - Class A (USWS) - U.S. Well Services Issues $125.5 Million Convertible Senior Secured Pik Notes, Executes License Agreement With Profrac Manufacturing, Llc and Finalizes Amendment to Senior Secured Term Loan.
Us Well Services - Issued $125.5 Million of 16.0% Convertible Senior Secured Pik Notes Due June 2026.
Us Well Services - Has Taken Substantial Steps Towards Simplifying Company's Capital Structure.
Us Well Services - Expects to Amend Certificate of Designations for Its Series B Redeemable Convertible Preferred Stock.