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Archer Norge AS 9.5% 25-FEB-2030

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Overview
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Key terms


Outstanding amount
‪425.00 M‬USD
Face value
125,000.00USD
Minimum denomination
125,000.00USD
Coupon
9.50% (Fixed)
Coupon frequency
Semi-annual
Yield to maturity
10.27%
Maturity date
Feb 25, 2030
Term to maturity
4 years

About Archer Norge AS 9.5% 25-FEB-2030


Issuer
Archer Norge AS
Sector
Industrial Services
Industry
Contract Drilling
Issue date
Feb 24, 2025
ISIN
NO0013476721
FIGI
BBG01S2QGXY0
Part of Archer Ltd., Archer Norge AS is a market leading offshore drilling and p&a contractor specializing in fixed installations and supporting modular and mobile operations. The company is based in Sandnes, Norway. The Norwegian company's portfolio includes 44 platform rigs, 3 semi-submersibles, 2 modular rigs, and 1 modu tender barge. Archer's corporate governance ensures compliance with all relevant laws and regulations, and they aim to create competitive returns for shareholders through operating with the highest ethical requirements. The company was founded in 2007, and the CEO is Dag Skindlo.
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