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Noble Corporation Reports Fourth Quarter And Full Year 2020 Results

Noble Corporation Reports Fourth Quarter And Full Year 2020 Results
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Noble Holding Corporation plc Successfully Completes Balance Sheet Restructuring And Emerges From Chapter 11

Noble Holding Corporation plc Successfully Completes Balance Sheet Restructuring And Emerges From Chapter 11
Noble Holding Corporation plc (“Noble UK”) announced today that on February 5, 2021 it successfully completed its financial restructuring and its debtor affiliates have emerged from Chapter 11 with a new parent company organized under the laws of the Cayman Islands named Noble Corporation (“Noble” or “the Company”).
As a result of the financial restructuring, Noble will have a substantially delevered balance sheet with less than $400 million of debt and liquidity of approximately $600 million. Noble’s new capital structure will include a new $675 million revolving credit facility, of which $178 million is currently drawn, and $216 million of second lien notes. ....

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Oil & Gas: Independent, Major Integrated, Exploration & Production - The Wall Street Transcript

Oil & Gas: Independent, Major Integrated, Exploration & Production
February 05, 2021
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