Brief: Valaris Limited Announces Pricing Of $400 Million Upsized Private Placement Of Additional 8.375% Senior Secured Second Lien Notes Due 2030

Valaris

07/08/2023 22:21

Aug 7 (Reuters) - Valaris Ltd  VAL.N :
    * VALARIS LIMITED ANNOUNCES PRICING OF $400 MILLION UPSIZED
PRIVATE PLACEMENT OF ADDITIONAL 8.375% SENIOR SECURED SECOND
LIEN NOTES DUE 2030
    * VALARIS - INTENDS TO USE NET PROCEEDS OF OFFERING TO
FINANCE
AGGREGATE PURCHASE PRICE OF ABOUT $337 MILLION FOR DRILLSHIPS
VALARIS DS-13 AND VALARIS DS-14

Source text for Eikon:  ID:nBw9nnBpma 
Further company coverage:  VAL.N 

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