Cases & Deals

FTS International completes modified Dutch auction for notes and term loan

Clients FTS International, Inc.

Jones Day advised FTS International, Inc., a large provider of hydraulic fracturing services in North America, in connection with its offer to purchase its outstanding 6.250% Senior Secured notes due 2022 and its concurrent offer to repay its term loan due 2021. The offers were conducted as a modified Dutch auction with a maximum aggregate payment amount of $50 million.

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