Schlumberger to redeem $895.33 million 2.65%, 3.625% notes due 2022

By Wendy Van Sickle

Columbus, Ohio, Sept. 20 – Schlumberger Finance Canada Ltd. will redeem its $600 million outstanding principal amount of 2.65% senior notes due 2022, and Schlumberger Holdings Corp. will redeem its $295,328,000 outstanding principal amount of 3.625% senior notes due 2022, according to a news release.

The notes will be redeemed at par plus accrued interest on Oct. 20 for the Schlumberger Finance Canada notes and Oct. 21 for the Schlumberger Holdings notes.

The issuers are subsidiaries of Schlumberger Ltd.

Schlumberger is an oilfield services company based in Houston.

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