Schlumberger Ltd. (SLB) to Redeem $895M of Senior Notes
- S&P 500 ends higher as markets weigh rising yields, upbeat corporate results
- Meta Platforms reports softer Q2 revenue guidance on plans to boost spending on AI
- IBM (IBM) announces mixed Q1 results, HashiCorp acquisition; shares down
- Equities mixed as investors eye earnings; yen on intervention watch
- ServiceNow (NOW) stock falls as refreshed subscription outlook trails estimates
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Hasbro (HAS) brand strength sees earnings top expectations
- IBM (IBM) announces mixed Q1 results, HashiCorp acquisition; shares down
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Crude Inventory Declined 6.4 Million Barrels Last Week
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
- After-hours movers: Cadence Design Systems, Cleveland-Cliffs, Riot Platforms, and more
Schlumberger Announces Senior Notes Redemption
September 20, 2022 1:00 PM EDT100% 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