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An update from Archer ( (ARHVF) ) is now available.
Archer Limited announced the successful pricing of a USD 425 million senior secured bond set to mature in February 2030, with a fixed annual coupon of 9.5%. The proceeds will be used to refinance existing debt and support general corporate activities, which could improve the company’s financial stability and market position.
More about Archer
Archer Limited is a company involved in the energy sector, providing drilling services and related products to the oil and gas industry. Its market focus includes enhancing operational efficiencies and delivering high-quality services and solutions to its clients globally.
Average Trading Volume: 510
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $214.3M
For detailed information about ARHVF stock, go to TipRanks’ Stock Analysis page.