Smart Sand expands ABL facility to $50 million, maturity to 2031
Smart Sand entered Amendment No. 2 to its credit agreement, expanding its senior secured ABL revolving facility by $20 million to $50 million. It also extended the term to September 1, 2031.
Smart Sand entered into Amendment No.
2 to its Credit Agreement, expanding its senior secured asset-based revolving credit facility by $20 million to $50 million and extending the term to September 1, 2031.
The amendment adds a $20 million borrowing base sublimit tied to the value of the Oakdale, W…