BRIEF-Nine Energy Service Takes Action To Strengthen Capital Structure And Position Company For Future Growth

Reuters02-02 11:06

Feb 1 (Reuters) - Nine Energy Service Inc NINE.N:

NINE ENERGY SERVICE TAKES ACTION TO STRENGTHEN CAPITAL STRUCTURE AND POSITION COMPANY FOR FUTURE GROWTH
NINE ENERGY SERVICE INC - FILES PREPACKAGED CHAPTER 11 CASE
NINE ENERGY SERVICE INC - RECEIVES COMMITMENT FOR $125 MILLION
NINE ENERGY SERVICE INC - EXPECTS TO EMERGE FROM PROCESS WITHIN 45 DAYS
NINE ENERGY SERVICE INC - EXISTING ABL LENDER ALSO COMMITTED TO PROVIDING AN EXIT ABL FACILITY OF $135 MILLION UPON EMERGENCE FROM CHAPTER 11.

Source text: ID:nPn87szD6a

Further company coverage: NINE.N

((Reuters.Briefs@thomsonreuters.com;))

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