Kodiak Gas Services issues $1.0 billion of 5.875% senior notes due 2031
Kodiak Gas Services, Inc. disclosed that its subsidiary Kodiak Gas Services, LLC issued $1,000,000,000 of 5.875% senior unsecured notes due April 1, 2031, under an indenture dated March 20, 2026. The parent company and certain subsidiaries guarantee the notes, which adds long-term debt that shareholders should weigh against the company's existing obligations.
Key points
- Notes issued March 20, 2026 with $1,000,000,000 aggregate principal and a 5.875% coupon, maturing April 1, 2031.
- Interest is paid semi-annually on April 1 and October 1, beginning October 1, 2026.
- Issuer may redeem before April 1, 2028 at a make-whole premium, and from April 1, 2028 at 102.938% declining to 100.000% in 2030.
- Indenture limits distributions, additional debt, asset sales and mergers, and includes a 101% change-of-control repurchase offer if ratings are downgraded.
The filing
Written by AI on Nov 8, 2026, 1:01 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on March 24, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.