Oslo, June 12, 2026
Eldorado Drilling BondCo Limited has on 11 June 2026 successfully placed a new senior secured bond issue of USD 425 million, carrying a coupon of 9.125% (and with scheduled instalments to be made at 102.5 % of the nominal amount). Net proceeds from the bond issue will be used to finance the acquisition of Vantage Drilling International Ltd, refinance existing debt and general corporate purposes.
Fearnley Securities AS acted as Sole Global Coordinator and Joint Bookrunner, with Arctic Securities AS, DNB Carnegie, a part of DNB Bank ASA, and Pareto Securities AS acting as Joint Bookrunners for the bond issue. An application will be made for the bonds to be listed on Euronext ABM.
For further information, please contact:
Victor Dietrichson Correia, Chief Financial Officer
+47 949 88 356