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Foxcode Inc. Closes on $210 Million Bond Issuance for US Shale

Foxcode Inc. spearheaded a $210 million bond issuance of three-year senior secured notes to purchase shares of Houston-based US Shale Solutions, Inc. Collectively, Foxcode completed this new issue with Jefferies & Company, Inc., the Sole Book-Running Manager. The deal financed the acquisition of four oilfield services companies - Ritter Construction Company, W. Pidhirney Welding Ltd., Culberson Construction, Inc., and J4 Fluid Services, Inc. - which have been combined to operate as US Shale Solutions, Inc. The company is a full-service provider of infrastructure, fluids, and completion services to energy companies operating in unconventional oil and gas plays throughout North America, including the Permian and Eagle Ford in Texas and the Western Canadian Sedimentary Basin in Alberta.

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