debt
confidence high
sentiment neutral
materiality 0.55
Noble Corp announces $675M add-on offering of 8.000% Senior Notes due 2030 to fund Diamond Offshore merger
Noble Corp plc
- Noble Finance II LLC, wholly-owned subsidiary, intends to offer $675M additional 8.000% Senior Notes due 2030.
- Existing $600M notes remain outstanding; new notes will be part of same series under the indenture.
- Net proceeds to fund cash consideration for pending merger with Diamond Offshore Drilling, Inc. and general corporate purposes.
- Offering is private, exempt from registration, limited to QIBs under Rule 144A and non-US persons under Reg S.