Secure Energy Services (TSE:SES) has released an update.
SECURE Energy Services Inc. has completed a private offering of $300 million senior unsecured notes with a 6.750% interest rate, due in 2029. The capital raised will fund the redemption of their outstanding notes due in 2026, which will amount to approximately $358 million including interest. The offering was managed by a syndicate of underwriters, with no public distribution in the United States.
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