debt
confidence high
sentiment neutral
materiality 0.75
Noble issues $800M add'l 8% notes due 2030; total $1.4B; merger dividend enabled
Noble Corp plc
- Issued $800M aggregate principal of 8.000% Senior Notes due 2030; total outstanding now $1.4B (existing $600M + new $800M).
- New Notes issued under same indenture, treated as single series with Existing Notes.
- Second Supplemental Indenture executed to allow dividend from Issuer to Noble for cash consideration in pending Diamond Offshore Drilling merger.
- Guarantees provided by certain restricted subsidiaries that also guarantee Noble's revolving credit facility.