 Kinetik Holdings Inc. NASDAQ: KNTK shares lost 50 after announcing the successful completion of a comprehensive refinancing that consists of a new 5-year 1.25B unsecured revolving credit facility, a 3-year 2B unsecured term loan A facility, and also a 1B 5.875 sustainability linked senior notes expected in 2030. Kinetik has a fully unsecured financial structure ... The post Here is why Kinetik dropped 50 appeared first on Invezz. 