HOUSTON, Sept. 30, 2025 (GLOBE NEWSWIRE) -- Superior Energy Services, Inc. ("Superior") announced today that its wholly-owned subsidiary SESI, L.L.C. ("SESI") has priced the previously announced offering (the "offering") of $600 million in aggregate principal amount of 7.875% Senior Secured Notes due 2030 (the "notes"). The notes are being offered only to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Act"), and to non-U.S. persons in reliance on Regulation S under the Act.

The notes will be senior secured obligations of SESI and guaranteed, jointly and severally, by Superior and certain of Superior's subsidiaries that guarantee Superior's obligations under, or are co-borrowers with respect to, Superior's asset-based revolving credit facility. The notes were priced at par.

The closing of the offering is expected to occur on October 9, 2025, ...