DTI subsidiary engages Norwegian bank for Nordic bond investor meetings to fund Saltire Energy acquisition

Drilling Tools International Corp

DTI subsidiary engaged a Norwegian investment bank to arrange fixed income investor meetings in the Nordic market starting Oct 14, 2026.
A U.S. dollar denominated senior secured bond may follow, subject to market conditions; proceeds would partially fund the acquisition of Saltire Energy Limited.
Proceeds would also repay DTI's existing term loan in full and a portion of its asset-based revolving credit facility, and for general corporate purposes.
Bonds offered only to qualified institutional buyers under Rule 144A and non-U.S. persons under Regulation S; not registered under the Securities Act.

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