Investor Room
In November 2017, Welltec A/S completed the issuance of USD 340 million 9.5% Senior Secured Notes.
In November 2017, Welltec A/S completed the issuance of USD 340 million 9.5% Senior Secured Notes.
We are a leading provider of robotic intervention services and completion products & solutions to the oil and gas industry. Our pioneering technology enables operators to optimize the management and development of their assets throughout their life cycle. We address the factors that maximize value creation, continuously innovating to reduce well construction time, speed up access to the hydrocarbons, and increase reservoir contact over a prolonged time period, while minimizing operating downtime.
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On November 28, 2017, we announced the completion of our USD 340 million aggregate, 9.50% Senior Secured Note offering (‘The Notes’). Due in 2022, the 144A/RegS offering drew significant demand from institutional investors in both Europe and the US.
| Issuer | Welltec |
| Rule | 144A |
| Amount | USD 236,138,000 |
| Coupon | 9.50% |
| Issue Date | 28-11-2017 |
| Maturity | 01-12-2022 |
| Interest Date | 01-06 & 01-12 |
| ISIN | US950399AB10 |
| Issuer | Welltec |
| Rule | Regulation S |
| Amount | USD 103,862,000 |
| Coupon | 9.50% |
| Issue Date | 28-11-2017 |
| Maturity | 01-12-2022 |
| Interest Date | 01-06 & 01-12 |
| ISIN | USK9897UAB46 |