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Odfjell Drilling Ltd. ( (DE:OD3) ) has issued an announcement.
Odfjell Drilling Ltd. has announced plans to issue a 5.25-year senior secured bond worth USD 650 million, with the proceeds intended to refinance existing bonds and bank debt, as well as to finance the acquisition of a new rig. This move is expected to strengthen the company’s financial position and support its strategic growth initiatives.
More about Odfjell Drilling Ltd.
Odfjell Drilling Ltd. is a company operating in the drilling industry, primarily focusing on offshore drilling services. The company manages a fleet of advanced drilling rigs, providing services to oil and gas companies worldwide.
YTD Price Performance: 65.91%
Average Trading Volume: 294,489
Current Market Cap: NOK18.56B
Find detailed analytics on OD3 stock on TipRanks’ Stock Analysis page.