Enerflex Completes US$400 Million Offering of 6.875% Senior Notes Due 2031

"Simpson Thacher LLP represented the initial purchasers led by TD Securities (USA) LLC in a 144A/Reg S offering by Enerflex Inc., a subsidiary of Enerflex Ltd., of US$400 million aggregate principal amount of 6.875% Senior Notes due 2031. Enerflex will use net proceeds plus borrowings under its revolving credit facility to redeem all outstanding 9.000% Senior Secured Notes due 2027."

Simpson Thacher LLP represented the initial purchasers, led by TD Securities (USA) LLC, in the transaction. The transaction comprised a 144A/Regulation S offering of US$400 million aggregate principal amount of 6.875% Senior Notes due 2031 issued by Enerflex Inc., a subsidiary of Enerflex Ltd. Enerflex intends to use the net proceeds from the offering, together with borrowings under its revolving credit facility, to redeem all of its outstanding 9.000% Senior Secured Notes due 2027. Enerflex is a premier integrated global provider of energy infrastructure and energy transition solutions, deploying natural gas, low-carbon, and treated water solutions — from individual, modularized products and services to integrated custom solutions. Simpson Thacher LLP represented the initial purchasers led by TD Securities (USA) LLC, with a team composed by: David Azarkh, Brian Rosenzweig, Maggie Selbe, Ryan Poché, Suzannah Ranzo, Andrew Scattergood and Walker Montjoy (Capital Markets); Michael Mann (Tax); George Gerstein (ECEB); Corina Holland (IP); Michael Isby (Environmental); and Jennie Getsin (Blue Sky).

Enerflex Completes US$400 Million Offering of 6.875% Senior Notes Due 2031

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