CES Energy Solutions Corp., based in Calgary, Alberta, has announced a refinancing strategy involving the issuance of $300 million in 5.625% senior unsecured notes, which are set to mature on June 15, 2033. This move aims to redeem its existing $275 million 6.875% senior unsecured notes due in 2029 and partially repay outstanding amounts under its senior credit facility. By doing so, CES intends to extend its debt maturity profile to 2033, thereby reducing its overall cost of capital and strengthening its financial structure. The redemption of the 2029 notes will be executed at a price of 103.438%, plus accrued interest, following the successful closing of the offering. The offering is underwritten by a syndicate led by BMO Capital Markets and National Bank Capital Markets, and it is being offered on a private placement basis in Canada and to qualified institutional buyers in the United States. CES Energy Solutions provides advanced chemical solutions for the oilfield sector, focusing on drilling fluids and specialty chemicals.