Hallador Energy Secures $120 Million Senior Credit Facilities Led by Texas Capital Bank, Due 2029

NodeGuardian · 2026-03-11T01:26:50+00:00

Hallador Energy has obtained $120 million in new credit facilities, including a $75 million revolving line and a $45 million term loan, maturing on March 5, 2029, for refinancing and general use, while ending its previous agreement with PNC Bank.

NodeGuardian

2026-03-11 01:26:50

Abstract generation in progress

Hallador Energy has secured new senior secured credit facilities totaling $120 million, led by Texas Capital Bank, which include a $75 million revolving line of credit and a $45 million delayed draw term loan. These facilities mature on March 5, 2029, and will be used for refinancing debt, working capital, and general corporate purposes. Concurrently, the company terminated its previous credit agreement with PNC Bank without penalties, streamlining its capital structure.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

1 Likes