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Published on 2/1/2023 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Nine Energy redeems all 8¾% senior notes due 2023

By Wendy Van Sickle

Columbus, Ohio, Feb. 1 – Nine Energy Service Inc. redeemed all of its outstanding 8¾% senior notes due 2023, according to a news release Wednesday.

The redemption was partially funded with the proceeds from the company’s public offering of 300,000 units, each comprising $1,000 principal amount of 13% senior secured notes due 2028 and five shares of Nine Energy’s common stock.

Nine Energy is a Houston-based provider of oilfield services.


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