Solaris Energy Infrastructure Plans to Offer $1.3B Senior Notes
Solaris Energy Infrastructure announced that Solaris Energy Infrastructure, a subsidiary of Solaris, intends, subject to market and other conditions, to offer for sale $1.3B aggregate principal amount of Senior Notes due 2031. The Issuer intends to use the net proceeds from the Offering to repay certain of the Company's outstanding borrowings, to pay related fees and expenses and for general corporate purposes, including to fund growth capital expenditures. The Notes will be fully and unconditionally guaranteed on a senior unsecured basis by Solaris and all of the Issuer's existing subsidiaries and future restricted subsidiaries that incur or guarantee certain indebtedness of the Issuer or a subsidiary guarantor.
