EDGAR·FLOW

RPC INC — Form 8-K

Filed July 7, 2026 · analyzed by the 8-K Agent
8-K — Neutral significance 28/100
What the filing says
RPC INC executed an Amended and Restated Credit Agreement effective June 30, 2026, with Bank of America (Administrative Agent), Truist Bank, and PNC Bank as co-syndication agents. The facility maintains a revolving commitment structure with no specific aggregate commitment amount disclosed in this excerpt, matures June 30, 2031 (extendable to 2033 per Section 2.14), and replaces the prior credit agreement dated August 31, 2010. Terms include pricing tied to Consolidated Leverage Ratio (SOFR + 1.25%–2.25% for term loans), $35M letter of credit sublimit, and borrowing base controls. No material change in facility size, counterparties, or key terms versus prior agreement is evident from the filing text.
Why this rating

Routine refinancing/restatement extending maturity ~5 years. No new capital raised, no material deal. Standard credit facility amendment.

View original filing on SEC.gov ↗ RES · stock on Yahoo Finance ↗

See more from July 7, 2026.

EDGAR·FLOW summarizes public SEC EDGAR filings with automated analysis. Materiality scores and stock-impact predictions are algorithmically generated and are not investment advice. Always verify against the source filing on SEC.gov.