---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-018053"
form_type: "8-K"
ticker: "CLB"
cik: "0001958086"
company_name: "Core Laboratories Inc. /DE/"
filed_at: "2023-05-05T23:59:59+00:00"
generated_at: "2026-06-15T18:06:54.049657+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Core Labs issues $50M in senior secured notes at 7.25%-7.50% to refinance debt

## Summary
- $25M of 7.25% notes due 2028 and $25M of 7.50% notes due 2030 placed privately.
- Net proceeds to pay down existing credit facility and toward 2011 Senior Notes due Sept 2023.
- Notes are senior secured, rank pari passu with existing senior debt; covenants include coverage and leverage ratios.
- Closing expected on or about June 28, 2023; interest payable semi-annually starting Sept 28, 2023.

## SEC filing metadata
- accession: 0000950170-23-018053
- form_type: 8-K
- ticker: CLB
- cik: 0001958086
- company_name: Core Laboratories Inc. /DE/
- filed_at: 2023-05-05T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1958086/000095017023018053/0000950170-23-018053-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1958086/000095017023018053/clb-20230504.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-018053
- JSON: https://secwatch.observer/filing/0000950170-23-018053.json
- Plain text: https://secwatch.observer/filing/0000950170-23-018053.txt

## Key facts
- Debt Financings
  Core Laboratories Inc. /DE/ incurred senior notes of $50 million in aggregate principal amount with purchasers of the Notes at 7.25% and 7.50% maturing 2028 and 2030.
  - Instrument: senior notes
  - Principal: $50 million in aggregate principal amount
  - Counterparty: purchasers of the Notes
  - Rate: 7.25% and 7.50%
  - Maturity: 2028 and 2030
  - Event: incurrence
  source text: On May 4, 2023, Core Laboratories Inc. (the “Company”) and Core Laboratories (U.S.) Interests Holdings, Inc. (the “Issuer”) completed a private placement of $50 million in aggregate principal amount of the Issuer’s senior secured notes with $25 million due 2028 (the “2028 Notes”) at an interest rate of 7.25% and $25 million due 2030 (the “2030 Notes”) at an interest rate of 7.50%.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1958086/000095017023018053/0000950170-23-018053-index.htm
- Material Agreements
  Core Laboratories Inc. /DE/ entered into Note Purchase Agreement with the purchasers of the Notes valued at $50 million (effective 2023-05-04).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: the purchasers of the Notes
  - Value: $50 million
  - Effective: 2023-05-04
  source text: The terms of the Notes are governed by a Note Purchase Agreement dated May 4, 2023 (the “Agreement”), between the Company, the Issuer and the purchasers of the Notes.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1958086/000095017023018053/0000950170-23-018053-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.