Solaris Energy Infrastructure, LLC, a subsidiary of Solaris Energy Infrastructure, Inc., has priced an upsized offering of $1.25 billion aggregate principal amount of 7.000% Senior Notes due 2032. The offering was increased from an original size of $1.0 billion in aggregate principal amount. The notes will mature on April 1, 2032, and will be issued at par, with the offering expected to close on October 1, 2026, subject to customary closing conditions. The notes will be fully and unconditionally guaranteed on a senior unsecured basis by Solaris and all of the Issuer's existing and future subsidiaries that guarantee certain indebtedness of the Issuer or a subsidiary guarantor, including the Issuer's revolving credit facility. The Issuer intends to use the net proceeds for general corporate purposes, growth capital expenditures and to pay fees and expenses related to the offering.
Solaris Energy Infrastructure, Inc.Solaris prices an upsized $1.25B senior notes offering to fund general corporate purposes and growth capex, a financing event with mixed implications.
Dalipal Holdings Ltd