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Smart Sand Amends Revolving Credit Facility to $50 Million

Smart Sand logoSmart Sand
Sig2.35Sen+2.80Env0.00Soc0.00Gov-0.10

Smart Sand amended and expanded its senior secured revolving credit facility to $50 million, increasing revolving commitments from $30 million. The update adds new Oakdale, Wisconsin borrowing-base mechanics and changes covenants, including a fixed charge coverage ratio and a negative pledge. The facility is structured as a direct secured financial obligation.

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