Nuverra Closes Exchange Offer And New Term Loan
6:02 PM April 18, 2016SCOTTSDALE, Ariz., April 18, 2016, NESC, /PRNewswire/ — Nuverra Environmental Solutions, Inc. (“Nuverra” or the “Company”) (OTCQB: NESC) announced today that on April 15, 2016 it successfully closed (i) its previously announced exchange offer (the “Exchange Offer”) relating to its 9.875% Senior Notes Due 2018 (the “2018 Notes”), (ii) a new $24.0 million principal amount first-lien term loan due 2021 (the “Term Loan”) and (iii) related transactions as part of a comprehensive restructuring of its outstanding indebtedness pursuant to the previously announced
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