Shelf Drilling (North Sea) Holdings Ltd. is a prominent provider of offshore drilling services, founded in 2012 and headquartered in the United Kingdom. The company specializes in the operation of jack-up rigs, catering primarily to the oil and gas industry in the North Sea region.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| SHLFNS 10.25% 2025-10-31 USDShelf Drilling (North Sea) Holdings Ltd. | Cayman Islands | 2025-10-31 | 10.250 | 9.22 |
| SHLFNS 10.25% 2025-10-31 USDShelf Drilling (North Sea) Holdings Ltd. | Cayman Islands | 2025-10-31 | 10.250 | 9.22 |
| SHLFNS 9.88% 2028-11-22 USDShelf Drilling (North Sea) Holdings Ltd. | Cayman Islands | 2028-11-22 | 9.875 | 7.12 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Shelf Drilling has a history of strategic bond issuances to support its operations and growth initiatives. The company first entered the bond market in 2017, with notable issuances including a $400 million bond offering in 2020 to refinance existing debt. Current yields on their bonds reflect the broader industry trends, typically positioned within a competitive range. Recently, they have issued bonds with features such as callable options, enhancing investment flexibility amid fluctuating market conditions.