Loan & DebtMay 12, 2026, 05:12 PM
SLB Subsidiary Issues $2B Senior Notes Across Three Tranches
AI Summary
Schlumberger Investment S.A., a subsidiary of SLB Limited, issued a total of $2 billion in senior notes on May 7, 2026. The issuance included $500 million of 4.550% notes due 2031, $500 million of 4.800% notes due 2033, and $1 billion of 5.150% notes due 2036. SLB Limited fully and unconditionally guarantees these notes, which were sold through an underwriting agreement.
Key Highlights
- Schlumberger Investment S.A. issued $2 billion aggregate principal amount of senior notes.
- Issued $500 million of 4.550% Senior Notes due 2031.
- Issued $500 million of 4.800% Senior Notes due 2033.
- Issued $1 billion of 5.150% Senior Notes due 2036.
- The notes are fully and unconditionally guaranteed by SLB Limited.
- Notes were sold via an underwriting agreement with J.P. Morgan, HSBC, and Standard Chartered.