Nine Energy Service Inc.


Intends to offer $400 million in aggregate principal amount of senior unsecured notes due 2023 in a private placement to eligible purchasers under Rule 144A and Regulation S of the Securities Act of 1933, as amended. Nine intends to use the net proceeds of this offering, together with cash on hand and borrowings under a new credit facility to be entered into in connection with the consummation of the previously announced acquisition of Magnum Oil Tools International Ltd., to fully repay and terminate the term loan borrowings and the outstanding revolving credit commitments under its existing credit facility, fund the upfront cash purchase price of the pending Magnum Acquisition and pay transaction fees and expenses.

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