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ENSIGN ENERGY SERVICES INC. - INCREASES AND EXTENDS EXISTING CREDIT FACILITY TO ENHANCE FINANCIAL FLEXIBILITY
ENSIGN ENERGY SERVICES INC. - INCREASES AND EXTENDS EXISTING CREDIT FACILITY TO ENHANCE FINANCIAL...
About this update from Ensign Energy Services Inc.
[{"type":"text","content":"ENSIGN ENERGY SERVICES INC. - INCREASES AND EXTENDS EXISTING CREDIT FACILITY TO ENHANCE FINANCIAL FLEXIBILITY\n\n\n\n ENSIGN ENERGY SERVICES INC. - INCREASES AND EXTENDS EXISTING CREDIT FACILITY TO ENHANCE FINANCIAL FLEXIBILITY\n \n\n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n\n CALGARY, AB\n \n\n ,\n \n\n Sept. 29, 2025\n \n\n /CNW/ - Ensign Energy Services Inc. (\"Ensign\" or \"the Company\") is pleased to announce the successful renewal and expansion of its Credit Facility, reinforcing its commitment to disciplined financial stewardship and strategic growth.\n \n\n The new committed three-year term Credit Facility totals\n \n $950.0 million\n \n , maturing on\n \n September 29, 2028\n \n . This facility will be used to repay the remainder of the Company's existing Term Facility, streamlining its capital structure and positioning Ensign for continued operational excellence. The Credit Facility does not have mandatory repayments or reductions in availability as long as the Company remains in compliance with its covenants.\n \n\n The enhanced facility provides increased liquidity going forward and flexibility to support Ensign's global operations and capitalize on emerging opportunities across its core markets.\n \n\n The Term Facility and amended Credit Facility agreement will be made available on\n \n www.sedarplus.com\n \n .\n \n\n\n Cautionary Statements on Forward-looking Information\n \n\n\n Certain statements in this news release constitute forward-looking statements or information (collectively referred to herein as \"forward-looking statements\") within the meaning of applicable securities legislation. Forward-looking statements generally can be identified by the words \"believe\", \"anticipate\", \"expect\", \"plan\", \"estimate\", \"target\", \"continue\", \"could\", \"intend\", \"may\", \"potential\", \"predict\", \"should\", \"will\", \"objective\", \"project\", \"forecast\", \"goal\", \"guidance\", \"outlook\", \"effort\", \"seeks\", \"schedule\" or expressions of a similar nature suggesting future outcome or statements rega...