KLX Energy Services Holdings Inc.

Description

Commence a private offering of $250 million aggregate principal amount of senior secured notes due 2025. The company intends to use a portion of the net proceeds from the offering to fund the cash portion of the previously announced acquisition of Motley Services LLC, and to pay fees, costs and expenses related to the transaction. The balance of the proceeds will be used for general corporate purposes, including potential acquisitions.

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Estimated Price
$250.0MM
Financing Type
Report Date