CES Energy Solutions Corp. announced that it will redeem all of the Corporation's outstanding 6.375% Senior Notes due October 21, 2024, which have an aggregate principal amount of $288.0 million, on November 30, 2023. The Notes are redeemable at a redemption price equal to 100% of the principal amount thereof, plus accrued and unpaid interest to, but excluding, the Redemption Date.

Interest on the Notes will cease to accrue on and after the Redemption Date. CES will redeem the Notes by drawing down on its available $250.0 million Canadian Term Loan Facility, with the balance of approximately $38.0 million to be drawn from its $450.0 million Syndicated Credit Facility, which had a net draw of $120.2 million at June 30, 2023. These facilities mature on April 25, 2026, and provide CES with ample liquidity to support its current business requirements and potential future needs.