Nine Energy Service Completes Chapter 11 Restructuring and Emerges from Bankruptcy

Reuters03-06
Nine Energy Service Completes Chapter 11 Restructuring and Emerges from Bankruptcy

Nine Energy Service Inc. said today, March 5, 2026, that it has successfully completed its financial restructuring and that its court-confirmed chapter 11 plan is now effective. The company said the restructuring reduced secured debt by about $320 million and cut annual interest expense by $40 million, and that it obtained a $135 million exit ABL facility from existing lenders.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nine Energy Service Inc. published the original content used to generate this news brief on March 05, 2026, and is solely responsible for the information contained therein.

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