tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Odfjell Drilling Enhances Fleet and Secures Financing with New Bond Issue

Story Highlights
Odfjell Drilling Enhances Fleet and Secures Financing with New Bond Issue

Claim 50% Off TipRanks Premium

Odfjell Drilling Ltd. ( (DE:OD3) ) just unveiled an announcement.

Odfjell Drilling Ltd. has announced the acquisition of the Deepsea Bollsta drilling rig and the successful pricing of USD 650 million in senior secured bonds. These developments, including contract extensions and a new long-term financing structure, are expected to enhance the company’s operational capabilities and stakeholder value, positioning it strongly for future growth.

More about Odfjell Drilling Ltd.

Odfjell Drilling Ltd. operates in the oil and gas industry, primarily focusing on drilling services. The company is known for its advanced drilling rigs and services, catering to a global market with a strong emphasis on innovation and operational efficiency.

Average Trading Volume: 275,250

Current Market Cap: NOK19.83B

Find detailed analytics on OD3 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1