Enerflex Ltd. Announces $400 Million Senior Unsecured Notes Offering
Globenewswire·2025-12-01 13:00

Core Viewpoint - Enerflex Ltd. announced a private offering of $400 million in senior notes due 2031 to redeem its outstanding 9.000% Senior Secured Notes due 2027, contingent upon the completion of the offering [1][2]. Offering Details - The offering consists of $400 million in aggregate principal amount of senior notes due 2031 [1]. - The net proceeds from the offering, along with borrowings from the secured revolving credit facility, will be used to fully redeem the 2027 Notes [2]. - The redemption of the 2027 Notes is set for December 11, 2025, at a price of 102.25% of the principal amount plus accrued interest [2]. Regulatory Compliance - The notes will be offered in a private offering relying on exemptions from registration requirements under the Securities Act of 1933 and applicable Canadian securities laws [3][4]. - The offering is limited to qualified institutional buyers and non-U.S. persons outside the United States [3]. Forward-Looking Information - The news release contains forward-looking information regarding market conditions and the completion of the offering [6][7]. - Management's expectations are based on various assumptions, including the supportiveness of market conditions for the offering [8].