The Firm represented J.P. Morgan Securities LLC, as dealer manager, in connection with the tender offers to purchase for cash up to $400 million of Noble Holding International Limited's 4.9% Senior Notes due 2020, 4.625% Senior Notes due 2021, 3.95% Senior Notes due 2022, 7.75% Senior Notes due 2024, 5.95% Senior Notes due 2025 and 5.25% Senior Notes due 2042 (collectively, the “Notes”), and to solicit consents to amendments to certain related indentures. The tender offers were settled early on March 12, 2019.
Noble Holding International Limited is a wholly owned subsidiary of Noble Corporation plc, and each entity, through its respective subsidiaries, contracts drilling services with a global fleet of mobile offshore drilling units located worldwide.
The Simpson Thacher team for the transaction included Dave Azarkh and Matt Hart (Capital Markets); and Jon Cantor and Jodi Schneider (Tax).