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GlobeNewswire·

Enerflex Ltd. Announces Pricing of $400 Million Senior Unsecured Notes Offering

  • Enerflex Ltd. announced the pricing of a $400 million private offering of 6.875% senior notes due 2031 by its subsidiary Enerflex Inc.
  • The 2031 Notes will be issued at par & guaranteed on a senior unsecured basis by Enerflex & certain subsidiaries.
  • The offering is expected to close on December 11, 2025, subject to customary closing conditions.
  • Net proceeds from the offering combined with borrowings under a secured revolving credit facility will redeem the outstanding 9.000% Senior Secured Notes due 2027.
  • The redemption of the 2027 Notes is conditional upon the offering's completion & set for December 11, 2025 at a price of 102.25% of principal plus accrued interest.
  • The notes are being offered in a private placement to qualified institutional buyers under Rule 144A & non-U.S. persons under Regulation S without registration.
  • Forward-looking statements in the release pertain to the completion of the offering, timing, & the intention to use proceeds for the 2027 Notes redemption.
  • Contact persons for investor & media inquiries include President & CEO Paul Mahoney, CFO Preet S. Dhindsa, & VP Jeff Fetterly.