09:03 AM EDT, 09/02/2025 (MT Newswires) -- Kodiak Gas Services ( KGS ) said Tuesday its subsidiary launched a private offering of $1 billion of senior notes, consisting of $500 million due in 2033 and $500 million due in 2035.

The company said it plans to use the proceeds to repay part of its revolving asset-based loan credit facility.

In relation to the repayment, Kodiak said it plans to amend the asset-based loan facility to reduce total commitments to $2 billion and extend its maturity date.