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Ensign Energy plans to redeem 9¼% notes due 2024 by end of 2023
By Wendy Van Sickle
Columbus, Ohio, Oct. 13 – Ensign Energy Services Inc. plans to redeem its outstanding 9¼% senior notes due April 15, 2024, on or before Dec. 31, according to a news release.
The company said it plans to use proceeds from a new C$369 million term facility and available liquidity to fund the redemption.
Ensign Energy Services is an oilfield services contractor based in Calgary, Alta.
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