secwatch.observer — SEC 8-K summary
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Issuer:     Noble Corp plc (NE)
CIK:        0001895262
Form:       8-K
Filed at:   2023-04-18T23:59:59+00:00
Accession:  0001193125-23-104963
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Noble Corp issues $600M 8% senior notes due 2030; amends revolver to $550M
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- Noble Finance II issued $600M of 8.000% Senior Notes due April 15, 2030, interest semi-annual.
- Senior unsecured notes guaranteed by certain subsidiaries; change-of-control put at 101%.
- Existing $675M revolver amended and restated to $550M; interest margins 2.75%-3.75% (SOFR).
- Financial covenants: interest coverage >=2.50x, total net leverage <=3.00x quarterly.
- Facility secured by liens on substantially all assets, including rigs generating >=80% revenue.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1895262/000119312523104963/0001193125-23-104963-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1895262/000119312523104963/d494951d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-104963

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