Secure Energy Services Inc. announced that it has successfully closed its previously announced private offering (the "Offering") of $300 million aggregate principal amount of 6.750% senior unsecured notes due March 22, 2029 (the "Notes") at an issue price of $100.00, representing a yield of 6.750%. The Offering was underwritten by a syndicate of underwriters with BMO Capital Markets and National Bank Financial Markets acting as joint bookrunners, ATB Securities Inc. as co-lead manager, and CIBC World Markets Inc., TD Securities Inc., HSBC Securities (Canada) Inc., Scotia Capital Inc., and RBC Dominion Securities Inc. as co-managers (collectively, the "Underwriters"). SECURE used the net proceeds of the Offering to fund the redemption of all of the outstanding 7.25% senior unsecured notes due 2026 at a redemption price of 103.625% of the principal amount of the 2026 Notes, plus accrued and unpaid interest up to, but excluding, the redemption date, being approximately $358 million.
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
11.27 CAD | +1.35% | -0.44% | +19.51% |
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
+19.51% | 2.17B | |
+8.32% | 80.41B | |
+9.30% | 62.54B | |
+13.81% | 48.31B | |
+8.16% | 42.35B | |
+13.04% | 42.43B | |
+1.97% | 40.08B | |
+30.31% | 25.1B | |
-4.40% | 23.04B | |
+10.37% | 21.36B |
- Stock Market
- Equities
- SES Stock
- News Secure Energy Services Inc.
- Secure Energy Services Inc. Announces Closing of $300 Million Senior Unsecured Note Financing