{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-088107","form_type":"8-K","ticker":"VAL","cik":"0000314808","company_name":"Valaris Ltd","filed_at":"2023-08-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.235109+00:00","generated_at":"2026-06-12T05:03:50.249538+00:00","sec_items":["8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Valaris plans $350M add-on of 8.375% notes to fund drillship purchases","bullets":["Issuers will offer $350M additional 8.375% Senior Secured Second Lien Notes due 2030.","Net proceeds to finance ~$337M purchase of drillships VALARIS DS-13 and DS-14 by Dec 31, 2023.","Notes form a single series with existing $700M notes issued April 2023.","If drillship purchase not exercised, proceeds used for general corporate purposes.","Offering is private placement under Rule 144A/Reg S."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-088107","json":"https://secwatch.observer/filing/0001104659-23-088107.json","markdown":"https://secwatch.observer/filing/0001104659-23-088107.md","text":"https://secwatch.observer/filing/0001104659-23-088107.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/314808/000110465923088107/0001104659-23-088107-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/314808/000110465923088107/tm2322507d2_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T05:03:50.249538+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"}