KLX Energy Services to redeem USD 6.2 million of debt at par using rights offering proceeds
KLX Energy Services expects to redeem USD 6.2 million of its Senior Secured Floating Rate Cash / PIK Notes due 2030 at par. Redemption to include accrued and unpaid interest, funded from gross Rights Offering proceeds of USD 37.2 million. Backstop Exchange to cut the 2030 Notes principal by USD 94 million through redem