CES Energy Solutions Refinances Debt

CES Energy Solutions Corp. has successfully closed a private placement of $300.0 million in 5.625% senior unsecured notes due June 15, 2033. The proceeds from this offering will be used to redeem its existing $275.0 million 6.875% senior unsecured notes due May 24, 2029, and to partially repay its senior credit facility. This strategic financial move extends CES Energy Solutions Corp.'s debt maturity profile to 2033, reduces its cost of capital, and strengthens its overall capital structure. The private placement was managed by a syndicate of underwriters including Bank of Montreal — BMO Capital Markets, National Bank Capital Markets, Scotiabank, Meritz Securities, ATB Cormark Capital Markets, Royal Bank of Canada — RBC Capital Markets, Wells Fargo — Wells Fargo Canada, Canadian Imperial Bank of Commerce — CIBC Capital Markets, Raymond James Financial, Peters & Co. Limited, JPMorgan Chase — JPMorgan Chase Canada Inc., and TPH & Co.