Noble Corporation plc publishes current report on Form 8-K regarding pricing of offering of USD 600 million of senior notes due 2030 and restatement of senior secured revolving credit agreement
SUGAR LAND, TEXAS, April 4, 2023 /CNW/ - Noble Corporation plc ("Noble") (CSE: NOBLE, NYSE: NE) hereby announces the publication of a current report on Form 8-K (the "Form 8-K Report") regarding (A) the fact that its wholly owned subsidiary, Noble Finance II LLC, a Delaware limited liability company, (the "Issuer"), has priced a private offering (the "Offering") of USD 600 million in aggregate principal amount of 8.000% senior notes due 2030, and (B) that certain subsidiaries of Noble intend to amend and restate the senior secured revolving credit agreement, dated as of February 5, 2021 and concerning a revolving credit facility with commitments of USD 675.0 million, by entering into an amended and restated senior secured revolving credit agreement, to be dated April 18, 2023 and concerning a revolving credit facility with expected commitments of USD 550.0 million (the "A&R Credit Agreement"), by and among the Issuer, Noble International Finance Company and Noble Drilling A/S, as borrowers, the lenders and issuing banks party thereto from time to time.
Additional information on the Offering and the A&R Credit Agreement is included in the Form 8-K Report and the press release attached thereto.
The Form 8-K Report has been filed with the U.S. Securities and Exchange Commission and is available at:
IMPORTANT INFORMATION
This announcement is for information purposes only and does not constitute or contain any invitation, solicitation, recommendation, offer or advice to any person to subscribe for or otherwise acquire or dispose of any securities of Noble.
Certain statements in this announcement, including any attachments hereto, may constitute forward-looking statements. Forward-looking statements are statements (other than statements of historical fact) relating to future events and Noble and its subsidiaries (collectively, the "Noble Group") anticipated or planned financial and operational performance. The words "targets", "believes", "continues", "expects", "aims", "intends", "plans", "seeks", "will", "may", "might", "anticipates", "would", "could", "should", "estimates", "projects", "potentially" or similar expressions or the negatives thereof, identify certain of these forward-looking statements. The absence of these words, however, does not mean that the statements are not forward-looking. Other forward-looking statements can be identified in the context in which the statements are made.
Although Noble believes that the expectations reflected in these forward-looking statements are reasonable as of the date of this announcement, such forward-looking statements are based on Noble's current expectations, estimates, forecasts, assumptions and projections about the Noble Group's business and the industry in which the Noble Group operates and/or which has been extracted from publications, reports and other documents prepared by the Noble Group and are not guarantees of future performance or developments and involve known and unknown risks, uncertainties and other important factors beyond the Noble Group's control that could cause the Noble Group's actual results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied by such forward-looking statements.
Any forward-looking statements included in this announcement, including any attachment hereto, speak only as of today. Noble does not intend, and does not assume, any obligations to update any forward-looking statements contained herein, except as may be required by law or the rules of the New York Stock Exchange or Nasdaq Copenhagen. All subsequent written and oral forward-looking statements attributable to Noble or to persons acting on its behalf are expressly qualified in their entirety by the cautionary statements referred to above and contained in this announcement, including any attachment hereto.