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Kodiak Gas Services (NYSE: KGS) prices $600M 2033 and $600M 2035 senior notes

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Kodiak Gas Services, Inc. announced that its subsidiary, Kodiak Gas Services, LLC, has priced a private debt offering consisting of $600 million of 6.500% senior unsecured notes due 2033 and $600 million of 6.750% senior unsecured notes due 2035. These senior unsecured notes, referred to collectively as the Notes, will bear fixed interest rates until their respective maturities in 2033 and 2035. The announcement was made through a press release dated September 2, 2025, which is included as an exhibit.

Positive

  • None.

Negative

  • None.

Insights

Kodiak adds long-dated fixed-rate debt via $600M 2033 and $600M 2035 notes.

Kodiak Gas Services, through its subsidiary, has priced $600 million of 6.500% senior unsecured notes due 2033 and $600 million of 6.750% senior unsecured notes due 2035 in a private offering. These are senior unsecured obligations, meaning they rank ahead of any subordinated debt but behind secured borrowings with specific collateral.

The fixed coupons of 6.500% and 6.750% lock in borrowing costs for roughly eight to ten years from the announcement date. The excerpt does not specify how the proceeds will be used or how this new debt compares to Kodiak’s existing debt load, so the direct effect on leverage and interest expense cannot be quantified from this text alone.

Investors can note that the company is extending its debt maturity profile with instruments maturing in 2033 and 2035. Further details on covenants, redemption terms, and intended use of proceeds would typically be found in the full press release or subsequent company filings.

9950 Woodloch Forest Dr.19th FloorThe WoodlandsTexas77380936539-3300FALSE0001767042September 2, 202500017670422025-09-022025-09-02

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
____________________
FORM 8-K
____________________
CURRENT REPORT
Pursuant to Section 13 OR 15(d)
of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): September 2, 2025
____________________
Kodiak Gas Services, Inc.
(Exact name of registrant as specified in its charter)
______________________
Delaware001-4173283-3013440
(State or other jurisdiction
of incorporation)
(Commission
File Number)
(IRS Employer
Identification No.)
9950 Woodloch Forest Dr., 19th Floor, The Woodlands, Texas
77380
(Address of principal executive offices)(Zip Code)
(936) 539-3300
(Registrant’s telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report.)
______________________
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o
Written communications pursuant to Rule 425 under the Securities Act
o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act
o
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act
o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Trading
Symbol(s)
Name of each exchange
on which registered
Common stock, par value $0.01 per shareKGSThe New York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.
Emerging growth company x
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o



Item 8.01 Other Events.
On September 2, 2025, Kodiak Gas Services, Inc., (the “Company”) issued a press release announcing that its subsidiary, Kodiak Gas Services, LLC (the “Issuer”), priced its previously announced private offering of $600 million in aggregate principal amount of 6.500% senior unsecured notes due 2033 (the “2033 Notes”) and $600 million in aggregate principal amount of 6.750% senior unsecured notes due 2035 (the “2035 Notes” and, together with the 2033 Notes, the “Notes”). A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated into this Item 8.01 by reference.
Neither this Current Report on Form 8-K nor the press release constitute an offer to sell, or the solicitation of an offer to buy, the Notes and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful.
Item 9.01 Financial Statements and Exhibits.
d) Exhibits.
No.Description
99.1
Press release of Kodiak Gas Services, Inc., dated September 2, 2025.
104Cover Page Interactive Data File (embedded within the Inline XBRL document)




SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Kodiak Gas Services, Inc.
Date: September 2, 2025
By:/s/ Kelly M. Battle
Name: Kelly M. Battle
Title:Executive Vice President, Chief Legal Officer,
Chief Compliance Officer and Corporate Secretary

FAQ

What did Kodiak Gas Services, Inc. (KGS) announce on September 2, 2025?

On September 2, 2025, Kodiak Gas Services, Inc. announced that its subsidiary, Kodiak Gas Services, LLC, priced a private offering of two series of senior unsecured notes, referred to collectively as the Notes.

What are the key terms of Kodiak Gas Services’ 2033 senior notes?

Kodiak’s subsidiary priced $600 million in aggregate principal amount of 6.500% senior unsecured notes due 2033. These notes are unsecured and carry a fixed 6.500% coupon until maturity in 2033.

What are the key terms of Kodiak Gas Services’ 2035 senior notes?

The subsidiary also priced $600 million in aggregate principal amount of 6.750% senior unsecured notes due 2035. These notes are senior unsecured obligations with a fixed 6.750% interest rate until their 2035 maturity.

Is Kodiak Gas Services’ new notes transaction a public or private offering?

The announcement states that Kodiak Gas Services, LLC has priced a previously announced private offering of its senior unsecured notes, meaning the Notes are being offered in a private placement rather than a public offering.

Does this announcement constitute an offer to sell the Kodiak senior notes?

No. The company states that neither the announcement nor the related press release constitutes an offer to sell or a solicitation of an offer to buy the Notes in any jurisdiction where such actions would be unlawful.

Where can investors find more details on Kodiak Gas Services’ new notes?

Additional details are provided in a press release dated September 2, 2025, which is included as Exhibit 99.1 to the report and incorporated by reference into the announcement.
Kodiak Gas Services Inc

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