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Published on 11/28/2022 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Vantage Drilling will partially redeem 9¼% secured notes due 2023

Chicago, Nov. 28 – Vantage Drilling International issued a notice of partial redemption on Nov. 22 for its 9¼% senior secured first-lien notes, according to an 8-K filing with the Securities and Exchange Commission.

The company plans to redeem $170 million of the notes on Dec. 22 at par plus interest to the redemption date.

The notes were issued on Nov. 30, 2018.

U.S. Bank Trust Co., NA is the trustee.

Vantage Drilling is a Houston-based offshore drilling contractor.


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