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Ensign Energy issues redemption notice for 9¼% notes due 2024
Chicago, Nov. 28 – Ensign Energy Services Inc. issued a notice of redemption for all $417.5 million of its 9¼% senior notes due April 15, 2024, according to a press release.
The company will redeem the notes at par plus accrued interest to the redemption date, Dec. 14.
Financing for the redemption will come from a draw on its C$369 million three-year term facility and available liquidity.
U.S. Bank is the trustee.
Ensign Energy Services is an oilfield services contractor based in Calgary, Alta.
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