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Enerflex Ltd. Announces Extension and Consolidation of Credit Facilities, New Target Leverage Framework and Timing of Second Quarter Results
EFXTEnerflex(EFXT) Newsfilter·2024-06-26 20:11

Extending Maturity of Revolving Credit Facility to October 2026 and Increasing Availability to $800 Million; Provides Ample Liquidity to Support Global Business Targeting a Bank-Adjusted Net Debt-To-Ebitda Ratio of 1.5x to 2.0x All amounts presented in this release are in U.S. Dollar ("USD") unless otherwise stated. Target Leverage Framework and Capital Allocation Enerflex Will Be Repaying Its Existing Term Loan, Reflecting On-Going Efforts to Reduce Finance Costs and Optimize Debt Stack Enerflex has entere ...