Company: TH
Filing Date: 2025-03-25
Form Type: 8-K
Source: 0001712189-25-000030
Chunk: 0

Company: Target Hospitality Corp.
Filing Date: 2025-03-25
Form: 8-K
Item: Item 1.02
Chunk 0
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Item 1.02      Termination of a Material Definitive Agreement.  

Effective as of March 25, 2025 (the “ Redemption Date”), Arrow
Bidco, LLC (the “ Issuer”), a wholly-owned indirect subsidiary of Target Hospitality Corp., redeemed all $181,446,000 in aggregate principal amount
outstanding of its 10.75% Senior Secured Notes due 2025 (the “ Redemption”) at a redemption price equal to 101.000% of the principal amount thereof plus
accrued and unpaid interest to but not including the Redemption Date, and the indenture dated as of November 1, 2023, by and among the Issuer, the guarantors from time to time party thereto and Deutsche Bank Trust Company Americas, as trustee and
collateral agent, was terminated. The Issuer funded the Redemption using proceeds available from cash on hand and borrowings under the Issuer’s ABL credit facility.

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