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Enerflex Up 2% In US Premarket As Announces $400 Million Senior Unsecured Notes Offering

BY MT Newswires | CORPORATE | 12/01/25 08:35 AM EST

08:35 AM EST, 12/01/2025 (MT Newswires) -- Enerflex (EFXT) was at last look up more than 2% and at 52 week high levels in US premarket trade Monday as it announced that Enerflex Inc., a wholly owned subsidiary, on Monday commenced a private offering to eligible purchasers of $400 million in aggregate principal amount of senior notes due 2031, subject to market and other conditions.

In a statement, it said net proceeds from the proposed offering, together with borrowings under the company's secured revolving credit facility, will be used to redeem in full Enerflex's (EFXT) outstanding 9.000% Senior Secured Notes due 2027.

It added the redemption of these notes is conditional upon the completion of the offering. Enerflex (EFXT) has issued a conditional notice of redemption to redeem the 2027 Notes on December 11, 2025 at a redemption price of 102.25% of the principal amount of the notes being redeemed, plus accrued and unpaid interest up to, but excluding, the redemption date.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

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