debt
confidence high
sentiment neutral
materiality 0.70
Noble Corp prices $800M upsized 8% senior notes due 2030 for Diamond Offshore merger
Noble Corp plc
- Noble upsized offering to $800M from $675M of 8.000% Senior Notes due 2030.
- New Notes priced at 103% of principal, plus accrued interest from April 15, 2024.
- Expected closing August 22, 2024; net proceeds to fund cash consideration for pending Diamond Offshore Drilling merger.
- New Notes are additional under existing indenture with $600M Existing Notes, same terms.