Loan & DebtMay 6, 2026, 04:43 PM
Solaris Energy Infrastructure Prices $1.3B Senior Notes due 2031
AI Summary
Solaris Energy Infrastructure, Inc. announced that its subsidiary, Solaris Energy Infrastructure, LLC, priced an offering of $1.3 billion aggregate principal amount of 6.375% Senior Notes due 2031. The notes, maturing on May 15, 2031, were issued at par, generating approximately $1,279.3 million in net proceeds after deducting discounts and estimated expenses. The company intends to use these proceeds to repay existing borrowings, cover related fees, and for general corporate purposes, including funding growth capital expenditures. The offering, a private placement, is expected to close on May 12, 2026.
Key Highlights
- Solaris Energy Infrastructure, LLC priced $1.3 billion aggregate principal amount of 6.375% Senior Notes due 2031.
- The Notes will mature on May 15, 2031, and were issued at par.
- The offering generated approximately $1,279.3 million in net proceeds.
- Proceeds will be used to repay outstanding borrowings, cover fees, and fund growth capital expenditures.
- The offering was a private placement conducted pursuant to Rule 144A and Regulation S.
- The closing of the issuance is expected to occur on May 12, 2026.
Price Impact
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