KLX Energy launches $125M rights offering to cut debt load

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 11/4/2026

1. AMD
2. AMGN
3. BKNG
4. DOX
5. DUOL
6. ANET
7. SWKS
8. XYZ
9. FISV
10. CVS

Go back to KLX Energy launches $125M rights offering to cut debt load

KLX Energy Services Announces $125 Million Rights Offering for Common Stock Backstopped For Up to $94 Million to Reduce Leverage

August 10, 2026 4:15 PM EDT

HOUSTON, Aug. 10, 2026 /PRNewswire/ -- KLX Energy Services Holdings, Inc. (NASDAQ: KLXE) ("KLX" or the "Company") announced today that the Company's Board of Directors has approved a $125 million backstopped rights offering (the "Rights Offering") available to all holders of record of the Company's common stock, par value $0.01 per share... More