Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers Paydowns > Headlines for Altoona > News item |
Noble repays $300 million of revolver borrowings, terminates revolver
By Angela McDaniels
Tacoma, Wash., Dec. 20 – Noble Corp. terminated its revolving credit agreement dated Jan. 26, 2015 on Friday, according to an 8-K filing with the Securities and Exchange Commission.
In connection with the termination, Noble prepaid its roughly $300 million of outstanding borrowings under the credit agreement.
The company also increased the borrowings outstanding under its revolving credit agreement dated Dec. 21, 2017 by about $300 million.
Wilmington Trust, NA was the administrative agent for the terminated revolver. JPMorgan is the administrative agent for the other revolver.
Noble is an offshore drilling contractor based in Sugar Land, Tex.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.