Seadrill Finance Ltd, established in 2012 and headquartered in Hamilton, Bermuda, serves as a key financial entity in the offshore drilling industry. The company primarily focuses on financing the operations of its parent company, Seadrill Limited, by facilitating access to capital markets through various financial instruments.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| SDRLNO 8.38% 2030-08-01 USDSeadrill Finance Ltd | United States | 2030-08-01 | 8.375 | 7.06 |
| SDRLNO 8.38% 2030-08-01 USDSeadrill Finance Ltd | United States | 2030-08-01 | 8.375 | 7.02 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Seadrill Finance Ltd first began issuing bonds in 2013, with its inaugural bond offering generating significant investor interest. Notable issuances include the $1 billion senior secured bonds in 2014, which were instrumental for the company during a pivotal period in its restructuring efforts. Current bond yields are competitive within the industry, reflecting the company’s strategic positioning amid fluctuating market conditions. The bonds are often secured with specific asset collateral, enhancing their appeal to investors looking for stability in the volatile offshore sector.