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Schlumberger Ltd. (SLB) to Redeem $895M of Senior Notes

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Schlumberger Announces Senior Notes Redemption

September 20, 2022 1:00 PM EDT

100% of Outstanding 2.65% Senior Notes Due 2022 and 3.625% Senior Notes due 2022 to Be Redeemed

HOUSTON--(BUSINESS WIRE)-- Schlumberger Limited (Schlumberger) today announced that its subsidiaries will redeem approximately $895 million of senior notes due 2022.

Schlumberger Finance Canada Ltd., an indirect wholly owned subsidiary of Schlumberger (SFCL), will redeem the entire outstanding principal amount of its 2.65% Senior Notes due 2022 (the SFCL Notes), and Schlumberger Holdings Corporation, an indirect wholly owned subsidiary of Schlumberger (SHC), will redeem the entire outstanding principal amount of its 3.625% Senior Notes due 2022 (the SHC Notes and, collectively with the SFCL Notes, the Notes). The aggregate principal amount of the SFCL Notes... More