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Published on 5/29/2020 in the Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

Schlumberger issuers to redeem 4.2% notes due 2021 on June 29

By Rebecca Melvin

New York, May 29 – Schlumberger Oilfield UK plc and three other Schlumberger issuers announced they will redeem their 4.2% senior notes due 2021 on June 29, according to a notice of redemption.

The other issuers are Schlumberger Norge AS, Schlumberger SA and Schlumberger Ltd. The purchase price is par plus a make-whole premium plus accrued interest.

Schlumberger is a Houston-based company that supplies technology, integrated project management and information solutions to customers in the oil and gas industries.


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