Forum energy technologies announces pricing of $100 million senior secured bond issuance

Houston--(business wire)--forum energy technologies, inc. (nyse: fet) (“fet”) announced today that it has finalized the terms of fet's private offering of usd $100.0 million aggregate principal amount of 10.5% senior secured bonds (the “offering”). the bonds will mature in november 2029 and will be issued at par. the offering is expected to close on november 7, 2024, subject to customary closing conditions. fet intends to use the net proceeds from the offering, together with cash on hand, to re.
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