---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-311101"
form_type: "8-K"
ticker: "NE"
cik: "0001895262"
company_name: "Noble Corp plc"
filed_at: "2022-12-22T23:59:59+00:00"
generated_at: "2026-06-21T00:21:16.251233+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Noble closes $350M secured term loan, repays $460M legacy Maersk facility

## Summary
- Borrowed full $350M under new 3-year secured term loan at Term SOFR + 3.50%, with margin increases from year 2.
- Proceeds plus cash on hand used to repay and terminate legacy $1.55B credit facility that had $460M outstanding.
- New facility provides significant financial flexibility, per CEO Robert W. Eifler.
- Refinancing closed Dec 22, 2022; prior facility was originally dated Dec 6, 2018.

## SEC filing metadata
- accession: 0001193125-22-311101
- form_type: 8-K
- ticker: NE
- cik: 0001895262
- company_name: Noble Corp plc
- filed_at: 2022-12-22T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1895262/000119312522311101/0001193125-22-311101-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1895262/000119312522311101/d434877d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-311101
- JSON: https://secwatch.observer/filing/0001193125-22-311101.json
- Plain text: https://secwatch.observer/filing/0001193125-22-311101.txt

## Key facts
- Debt Financings
  Noble Corp plc incurred term loan of $350,000,000 with DNB Bank ASA (as Agent).
  - Instrument: term loan
  - Principal: $350,000,000
  - Counterparty: DNB Bank ASA (as Agent)
  - Event: incurrence
  source text: On December 22, 2022 the Utilisation Date (as defined in the New DNB Credit Facility) occurred under the New DNB Credit Facility, and the Borrower borrowed the full $350,000,000 available thereunder.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1895262/000119312522311101/0001193125-22-311101-index.htm

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