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Prospect News home > News index > List of issuers E > Headlines for Enerflex Ltd. > News item |
S&P rates Enerflex BB-
S&P said it assigned a BB- issuer credit rating to Enerflex Ltd.
Enerflex is acquiring U.S.-based Exterran Corp. for $735 million to become a global provider of natural gas compression, electric power generation and related engineering services.
The outlook is stable, reflecting S&P’s expectation that Enerflex will successfully close its acquisition of Exterran and integrate the company while maintaining leverage in the low-3x area, S&P said in a news release.
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