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Home Icon > About Us > News > Offshore drillers Valaris and Noble Corporation stop making interest payments

Offshore drillers Valaris and Noble Corporation stop making interest payments

Under pressure offshore drillers Valaris and Noble Corporation have both stopped making interest payments.  Valaris disclosed after-hours yesterday that it will not make two payments that were due on Wednesday: a $7.6m interest payment on its 4.75% senior notes due 2024 and an $11.7m interest payment on its 5.85% senior notes due 2044. The company, …

WP_Post Object ( [ID] => 227408 [post_author] => 76 [post_date] => 2020-07-16 03:00:00 [post_date_gmt] => 2020-07-16 03:00:00 [post_content] =>

Under pressure offshore drillers Valaris and Noble Corporation have both stopped making interest payments.  Valaris disclosed after-hours yesterday that it will not make two payments that were due on Wednesday: a $7.6m interest payment on its 4.75% senior notes due 2024 and an $11.7m interest payment on its 5.85% senior notes due 2044. The company, …

[post_title] => Offshore drillers Valaris and Noble Corporation stop making interest payments [post_excerpt] => Under pressure offshore drillers Valaris and Noble Corporation have both stopped making interest payments.  Valaris disclosed after-hours yesterday that it will not make two payments that were due on Wednesday: a $7.6m interest payment on its 4.75... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => offshore-drillers-valaris-and-noble-corporation-stop-making-interest-payments [to_ping] => [pinged] => [post_modified] => 2020-07-16 03:00:00 [post_modified_gmt] => 2020-07-16 03:00:00 [post_content_filtered] => [post_parent] => 0 [guid] => https://splash247.com/?p=124096 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )