CALGARY, AB, April 12, 2021 /CNW/ – SECURE Energy Services Inc. (“SECURE”, the “Corporation”) (TSX: SES) announced today that S&P Global Ratings (“S&P”) has provided an initial issuer credit rating on the Corporation of “B” with a positive outlook following the merger announcement with Tervita Corporation (“Tervita”) last month. This represents the Corporation’s first public issuer credit rating and the S&P rating is expected to increase transparency and comparability for debt investors and other capital market participants.
On March 8, 2021, SECURE and Tervita entered into an arrangement agreement to combine in an all-share transaction, creating a stronger midstream infrastructure … Continue Reading