Schlumberger Announces Expiration of Tender Offer for Any and All of Schlumberger Holdings Corporation’s Outstanding 3.000% Senior Notes Due 2020 and 3.625% Senior Notes Due 2022
Title of Security | CUSIP Numbers | Aggregate Principal Amount Outstanding | Aggregate Principal Amount Tendered(1) | Percentage of Outstanding Amount Tendered(1) | ||||||||||
3.000% Senior Notes due 2020 | 806851AC5 / U8066LAC8 | $1,198,732,000 | $781,358,000 | 65.18% | ||||||||||
3.625% Senior Notes due 2022 | 806851AE1 / U8066LAD6 | $616,522,000 | $321,149,000 | 52.09% |
(1) Excludes Notes tendered through the guaranteed delivery procedures set forth in the Offer to Purchase.
SHC expects to accept for purchase all Notes validly tendered and not validly withdrawn in the Offer, including Notes tendered in accordance with the guaranteed delivery procedures set forth in the Offer to Purchase. Payment for the Notes purchased pursuant to the Offer is intended to be made on
The applicable “Tender Offer Consideration” will be
The Offer was made pursuant to the Offer to Purchase and the Notice of Guaranteed Delivery.
Cautionary Note Regarding Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of the federal securities laws — that is, statements about the future, not about past events. Such statements often contain words such as “expect,” “may,” “believe,” “plan,” “estimate,” “intend,” “anticipate,” “should,” “could,” “will,” “see,” “likely,” and other similar words. Forward-looking statements address matters that are, to varying degrees, uncertain, such as statements regarding the terms and timing for completion of the Offer, including the acceptance for purchase of any Notes validly tendered and the expected Settlement Date thereof. Schlumberger and SHC cannot give any assurance that such statements will prove correct. These statements are subject to, among other things, the risks and uncertainties detailed in Schlumberger’s most recent Forms 10-K, 10-Q, and 8-K filed with or furnished to the
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Source:
Simon Farrant – Vice President of Investor Relations, Schlumberger Limited
Joy V. Domingo – Director of Investor Relations, Schlumberger Limited
Office +1 (713) 375-3535
investor-relations@slb.com