KLX Energy Services to redeem USD 6.2 million of debt at par using rights offering proceeds

Bitget2026/09/25 20:01

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KLX Energy Services expects to redeem USD 6.2 million of its Senior Secured Floating Rate Cash / PIK Notes due 2030 at par.
Redemption to include accrued and unpaid interest, funded from gross Rights Offering proceeds of USD 37.2 million.
Backstop Exchange to cut the 2030 Notes principal by USD 94 million through redemptions and note-for-stock exchanges priced at USD 1.49.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. KLX Energy Services Holdings Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202609251601PR_NEWS_USPR_____DA57147) on September 25, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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KLX Energy Services to redeem USD 6.2 million of debt at par using rights offering proceeds

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