The investment-grade notes are due 2027 and 2029

Davis Polk advised the representatives of the initial purchasers on a Rule 144A / Regulation S offering by Schlumberger Holdings Corporation of $500 million aggregate principal amount of 5.000% senior notes due 2027 and $500 million aggregate principal amount of 5.000% senior notes due 2029.

Schlumberger Holdings Corporation is a holding company for the U.S. operations of Schlumberger Limited and is an indirect, wholly owned subsidiary of Schlumberger Limited. Schlumberger Limited is a global technology company driving energy innovation for a balanced planet. With a global presence in more than 100 countries and employees representing almost twice as many nationalities, Schlumberger Limited works each day on innovating oil and gas, delivering digital at scale, decarbonizing industries and developing and scaling new energy systems that accelerate the energy transition.

The Davis Polk capital markets team included partner Byron B. Rooney, counsel Jennifer Ying Lan and associate Marquis J. Pullen. Counsel Christopher A. Baratta and associates Justin Corvino and Caleb E. Smith provided tax advice. All members of the Davis Polk team are based in the New York office.

Copy link to share post