Seadrill Announces Private Offering of $600 Million Senior Notes
Seadrill announced a private offering of $600 million in senior unsecured notes due 2034, issued by its subsidiary Seadrill Finance Limited. The net proceeds will be used to redeem approximately $575 million of outstanding 8.375% Senior Secured Second Lien Notes due 2030.
Key figures
- Deal Value Usd
- 600000000
- New debt maturity
- 2034
- Old debt maturity
- 2030
- Refinanced debt coupon
- 8.375%
- Outstanding debt refinanced
- 575000000
AI analysis
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