debt
confidence high
sentiment neutral
materiality 0.70
Nine Energy Service closes $300M offering of 13% Senior Secured Notes due 2028 plus shares
Nine Energy Service, Inc.
- Sold 300,000 units; each unit comprises $1,000 principal of 13% notes due 2028 and 5 shares of common stock.
- Aggregate offering size of $300 million; notes are senior secured and guaranteed by certain subsidiaries.
- Underwriting agreement dated January 19, 2023, with J.P. Morgan Securities LLC as representative.
- Legal opinion of Kirkland & Ellis LLP on validity of securities filed as Exhibit 5.1.