FAIRMOUNT SANTROL HOLDINGS INC. (NYSE:FMSA) Files An 8-K Entry into a Material Definitive Agreement

FAIRMOUNT SANTROL HOLDINGS INC. (NYSE:FMSA) Files An 8-K Entry into a Material Definitive Agreement
Item 1.01. Entry into a Material Definitive Agreement.

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On the Closing Date, the Company terminated the Existing Credit Agreement and repaid all outstanding obligations thereunder using proceeds from the Senior Secured Credit Facilities and cash on hand. In connection with the termination of the Existing Credit Agreement, all security interests and pledges granted to the secured parties thereunder were terminated and released. A description of the Existing Credit Agreement is included in the Company’s Annual Report on Form 10-K filed on March9, 2017, at pages 59 and 60, and such description is incorporated by reference herein.

On November1, 2017, the Company issued a press release announcing the Company’s entry into the Senior Secured Credit Facilities. A copy of the press release is filed as Exhibit 99.1 to this Current Report on Form8-K.

Item 1.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit Number

Description

99.1 The Company’s press release, dated November1, 2017, announcing the Company’s entry into the Senior Secured Credit Facilities.

Exhibit Index


FAIRMOUNT SANTROL HOLDINGS INC. Exhibit
EX-99.1 2 d471843dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 FAIRMOUNT SANTROL COMPLETES DEBT REFINANCING WITH A NEW $700 MILLION,…
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About FAIRMOUNT SANTROL HOLDINGS INC. (NYSE:FMSA)

Fairmount Santrol Holdings Inc., formerly FMSA Holdings Inc., provides sand-based proppant solutions. The Company operates through two segments: Proppant Solutions, and Industrial & Recreational (I&R) Products. Its Proppant Solutions segment provides sand-based proppants for use in hydraulic fracturing operations throughout the United States and Canada, Argentina, Mexico, China, northern Europe and the United Arab Emirates. Its I&R segment provides raw, coated and custom blended sands to the foundry, building products, glass, turf and landscape, and filtration industries in North America. It offers a range of proppants, including sand and resin-coated products. It offers proppant products in the American Petroleum Institute (API)-specified proppant categories, including Northern White Frac Sand, API-Spec Brown Frac Sand and Resin-coated Proppant. It offers industrial and recreational products for foundry, glass, building products, sports and recreation, and filtration industries.

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