Nine Energy Service Announces the Redemption of its 2023 Senior Notes, Completion of its Public Offering of Units and Extension of its ABL Facility

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Feb 01, 2023

Nine Energy Service, Inc. ("Nine" or the "Company") (NYSE: NINE) announced today the redemption of all of its outstanding 8.750% Senior Notes due 2023 ( the “2023 Senior Notes”), which was partially funded with the net proceeds from its underwritten public offering of 300,000 units, each comprised of $1,000 principal amount of 13.000% Senior Secured Notes due 2028 (the “2028 Senior Secured Notes”) and five shares of Nine’s common stock.