KLX Energy Services Announces $125 Million Rights Offering For Common Stock Backstopped For Up To $94 Million To Reduce Leverage
KLXE•Rights offering details
Aug. 10 (Reuters) - KLX Energy Services Holdings Inc. said:
- KLX Energy Services announces a $125 million rights offering for common stock, backstopped for up to $94 million to reduce leverage.
- The rights offering subscription price is set at $1.49 per share.
- The rights offering is set to commence Aug. 24, 2026 and expire Sept. 23, 2026.
