Cactus extends maturity of undrawn term loan commitments to December 31, 2026
Cactus Companies, LLC, a subsidiary of Cactus, Inc., signed a fourth amendment on May 29, 2026 to its ABL credit agreement with JPMorgan Chase Bank, N.A. as administrative agent. The amendment extends the lenders' commitments to fund the delayed draw term loan from June 1, 2026 to December 31, 2026, and the loan was undrawn when the amendment was signed. The company also filed a June 2026 investor presentation with updated second-quarter outlook for both segments.
Key points
- Amendment dated May 29, 2026 extends term loan funding commitments from June 1, 2026 to December 31, 2026
- Term Loan Facility was undrawn at the amendment date; any amounts drawn will mature three years after the first funding
- JPMorgan Chase Bank, N.A. is administrative agent, issuing bank and swingline lender under the facility
- Exhibit 99.1 June 2026 investor presentation updates prior Q2 2026 guidance for Pressure Control and Spoolable Technologies
The filing
Written by AI on Nov 8, 2026, 2:07 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 June 02, 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.