Firm News: Cahill Represents Initial Purchasers in Noble’s $800 Million Notes Offering 08.22.2024

Cahill Represents Initial Purchasers in Noble's $800 Million Notes Offering

Date: 08/22/24

Cahill represented the initial purchasers in connection with a Rule 144A offering of $800 million aggregate principal amount of 8.000% senior notes due 2030 by Noble Finance II LLC, a subsidiary of Noble Corporation plc.

Proceeds from the offering will be used to fund the cash consideration in connection with the pending merger of Noble and Diamond Offshore Drilling, Inc. and for general corporate purposes.

Noble is a leading offshore drilling contractor for the oil and gas industry.