Nine Energy Service Restructures Capital Structure, Receives $125 Million in New Financing to Support Future Growth
ByAinvest
Sunday, Feb 1, 2026 10:04 pm ET1min read
NINE--
Nine Energy Service is restructuring its capital structure to strengthen its financial health. The company has filed for Chapter 11 bankruptcy and reached an agreement with debtholders to eliminate $320 million of senior secured notes, reducing annual interest expense by $40 million. Nine will continue operating as usual and has secured $125 million in debtor-in-possession financing to support ongoing operations. The company expects to emerge from the process within 45 days.
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