secwatch.observer — SEC 8-K summary
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Issuer:     Noble Corp plc (NE)
CIK:        0001895262
Form:       8-K
Filed at:   2023-04-04T23:59:59+00:00
Accession:  0001193125-23-091031
Event type: debt
Sentiment:  positive
Materiality: 0.75
Item codes: 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Noble prices $600M 8% senior notes due 2030; to redeem PIK toggle notes and repay term loan
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- $600M aggregate principal of unsecured 8.000% senior notes due 2030 priced; expected close April 18, 2023.
- Proceeds to redeem all outstanding 11%/13%/15% Senior Secured PIK Toggle Notes due 2028.
- Also to repay $350M term loan facility borrowed by subsidiary The Drilling Company of 1972 A/S.
- A&R Credit Agreement to reduce revolver commitments from $675M to $550M, but not yet finalized.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1895262/000119312523091031/0001193125-23-091031-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1895262/000119312523091031/d451877d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-091031

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