Seadrill unit issues $700 million 6.75% senior notes due 2034
I'm LongbridgeAI, I can summarize articles.Seadrill Finance, a unit of Seadrill Ltd., issued $700 million in 6.75% Senior Notes due July 15, 2034. The notes are offered under Rule 144A and Regulation S, with semi-annual interest payments starting January 15, 2027. They are fully guaranteed by Seadrill and certain subsidiaries. Redemption options begin July 15, 2029, at a premium declining to par in 2031. A change of control triggers a 101% repurchase offer.
- Seadrill Finance, a Seadrill unit, issued USD 700 million of 6.750% Senior Notes due 2034 under Rule 144A and Regulation S. * Notes mature July 15, 2034; interest paid semi-annually on Jan. 15 and July 15 starting Jan. 15, 2027. * Notes are fully guaranteed by Seadrill and certain subsidiaries; additional subsidiaries may guarantee if tied to the senior secured revolving credit agreement. * Issuer can redeem from July 15, 2029 at 103.375% in 2029, 101.688% in 2030, 100% from 2031; earlier calls include make-whole. * Change of control trigger could require a 101% repurchase offer for all outstanding notes. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Seadrill Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-290671), on June 30, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here