Enerflex (TSE:EFX) has released an update.
Enerflex Ltd. is set to reduce its debt by redeeming $62.5 million of its 9.00% Senior Secured Notes, with a net debt balance reduction of approximately $100 million in Q3/24. The company’s solid financial maneuvers, including the recent extension and expansion of its credit facility, are paving the way for enhanced shareholder returns and achieving targeted leverage ratios.
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