Company financials and access to investor materials
Q1 Revenues
Q1 EBITDA margin
Q1 Net profit margin
Net debt as of March 31, 2024
Welltec® is a global technology company that develops and provides efficient, hi-tech solutions for the energy industry.
The company was founded in 1994 and grew rapidly by supplying innovative robotic technology to oil and gas operators.
In 2010, Welltec introduced a new business segment focused on the development of Completion products. Commercialization of these products began in 2014, and the company is now a global leader in the field of metal expandable packer technology. Welltec’s cutting-edge products and services are designed to optimize the performance and integrity of a well, in any environment.
Through advanced engineering and lightweight design, Welltec’s solutions have helped clients increase operational efficiency and reduce carbon footprints in a safe and sustainable way for more than 25 years.
Welltec operates globally and has in-house manufacturing facilities in Denmark, Brazil, and Saudi Arabia, and design and engineering facilities in Denmark, the USA, Brazil, and Scotland (Aberdeen).
The completion of the USD 325 million aggregate, 8.25% Senior Secured Note offering (‘The Notes’) due in 2026 was announced on September 30, 2021. The 144A/RegS offering drew significant demand from institutional investors in both Europe and the US.
| Issuer | Welltec |
| Rule | 144A |
| Amount | USD 115,050,000 |
| Coupon | 8,25% |
| Issue Date | 15-10-2021 |
| Maturity | 15-10-2026 |
| Interest Date | 01-06 & 01-12 |
| ISIN | US95039LAA61 |
| Issuer | Welltec |
| Rule | Regulation S |
| Amount | USD 209,950,000 |
| Coupon | 8,25% |
| Issue Date | 15-10-2021 |
| Maturity | 15-10-2026 |
| Interest Date | 01-06 & 01-12 |
| ISIN | USK9900LAA19 |
