Archrock, Inc. Enters Material Definitive Agreement

TL;DR

Archrock just signed a big deal, expect financial moves.

AI Summary

Archrock, Inc. entered into a Material Definitive Agreement on August 26, 2024, related to a direct financial obligation. The company, formerly known as Exterran Holdings Inc., is involved in natural gas transmission.

Why It Matters

This filing indicates a significant new financial commitment or obligation for Archrock, Inc., which could impact its financial structure and future operations.

Risk Assessment

Risk Level: medium — Material definitive agreements can introduce new financial obligations or strategic shifts that carry inherent risks.

Key Players & Entities

• Archrock, Inc. (company) — Registrant
• Exterran Holdings Inc. (company) — Former company name

FAQ

Key Financial Figures

• $0.01 — ch registered Common stock, par value $0.01 per share AROC New York Stock Excha
• $700,000,000 — vate offering (the "Notes Offering") of $700,000,000 aggregate principal amount of 6.625% se
• $2,000 — to repurchase all or any part (equal to $2,000 or an integral multiple of $1,000 in ex
• $1,000 — al to $2,000 or an integral multiple of $1,000 in excess of $2,000) of that holder's N
• $200 million — y announced cash tender offer for up to $200 million aggregate principal amount of its Exist

Filing Documents

• tm2422631d1_8k.htm (8-K) — 43KB
• tm2422631d1_ex4-1.htm (EX-4.1) — 893KB
• tm2422631d1_ex4-2.htm (EX-4.2) — 36KB
• tm2422631d1_ex4-3.htm (EX-4.3) — 37KB
• tm2422631d1_ex99-1.htm (EX-99.1) — 11KB
• tm2422631d1_ex99-2.htm (EX-99.2) — 12KB
• tm2422631d1_ex99-1img001.jpg (GRAPHIC) — 4KB
• tm2422631d1_ex99-2img001.jpg (GRAPHIC) — 4KB
• 0001104659-24-092915.txt ( ) — 1392KB
• aroc-20240826.xsd (EX-101.SCH) — 3KB
• aroc-20240826_lab.xml (EX-101.LAB) — 33KB
• aroc-20240826_pre.xml (EX-101.PRE) — 22KB
• tm2422631d1_8k_htm.xml (XML) — 4KB

03

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. The information included in Item 1.01 hereof is incorporated herein by reference. 3

01

Item 7.01 Regulation FD Disclosure. On August 26, 2024, the Parent issued a press release announcing the closing of the Notes Offering. A copy of the press release is furnished herewith as Exhibit 99.1 and is incorporated herein by reference. On August 26, 2024, the Parent issued a press release announcing the early tender results and initial settlement date for its previously announced cash tender offer for up to $200 million aggregate principal amount of its Existing 2027 Notes. A copy of the press release is furnished herewith as Exhibit 99.2 and is incorporated herein by reference. The information included in this Item 7.01 and Exhibits 99.1 and 99.2 attached hereto are being furnished and shall not be deemed "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section. The information included in this Item 7.01 and Exhibits 99.1 and 99.2 attached hereto shall not be incorporated by reference into any registration statement or other document pursuant to the Securities Act of 1933, as amended.

Financial Statements and Exhibits

Financial Statements and Exhibits. (d) Exhibits . Exhibit Number Description 4.1 Indenture, dated as of August 26, 2024, by and among Archrock Partners, L.P., Archrock Partners Finance Corp., the guarantors party thereto and Regions Bank, as trustee. 4.2 Supplemental Indenture, dated August 26, 2024, by and among Archrock Partners, L.P., Archrock Partners Finance Corp., Archrock, Inc., the other guarantors party thereto and Computershare Trust Company (as successor in interest to Wells Fargo Bank, National Association), as trustee. 4.3 Supplemental Indenture, dated August 26, 2024, by and among Archrock Partners, L.P., Archrock Partners Finance Corp., Archrock, Inc., the other guarantors party thereto and Computershare Trust Company (as successor in interest to Wells Fargo Bank, National Association), as trustee. 99.1 Archrock, Inc. press release, dated August 26, 2024, announcing the closing of the Notes Offering. 99.2 Archrock, Inc. press release, dated August 26, 2024, announcing the early tender results and initial settlement date. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). 4 SIGNATURE 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. ARCHROCK, INC. /s/ Stephanie C. Hildebrandt Stephanie C. Hildebrandt Senior Vice President, General Counsel and Secretary Date: August 26, 2024 5

View Full Filing

View this 8-K filing on SEC EDGAR