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Secure Energy will pay 103.625 to redeem 7¼% senior notes due 2026
Chicago, March 6 – Secure Energy Services Inc. will be redeeming all C$340 million outstanding of its 7¼% senior notes due 2026 on March 22, according to a press release.
The company will pay 103.625 for the notes, plus interest to the redemption date.
Redeeming the notes will alleviate restrictive covenants associated with shareholder returns, the company noted.
Odyssey Trust Co. is the trustee.
Secure Energy is an environmental and energy infrastructure business based in Calgary, Alta.
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