{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-042197","form_type":"8-K","ticker":"VAL","cik":"0000314808","company_name":"Valaris Ltd","filed_at":"2023-04-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:41.728581+00:00","generated_at":"2026-06-17T06:06:22.332848+00:00","sec_items":["8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Valaris prices $700M 8.375% senior secured second lien notes due 2030, upsized from $600M","bullets":["$700M aggregate principal of 8.375% Senior Secured Second Lien Notes due 2030, priced at par, upsized from $600M.","Net proceeds of ~$685M to redeem all outstanding Senior Secured First Lien Notes due 2028 and for general corporate purposes.","Also entered into a $375M five-year senior secured revolving credit facility on April 3, 2023, cross-conditioned with the offering.","Closing expected April 19, 2023, subject to customary conditions."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-042197","json":"https://secwatch.observer/filing/0001104659-23-042197.json","markdown":"https://secwatch.observer/filing/0001104659-23-042197.md","text":"https://secwatch.observer/filing/0001104659-23-042197.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/314808/000110465923042197/0001104659-23-042197-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/314808/000110465923042197/tm2311801d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T06:06:22.332848+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}