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Vantage Drilling raises $50M via high-interest notes to boost finances before a 2025 vessel sale.
Vantage Drilling International issued an additional $50 million in high-interest notes to bolster its finances before a major vessel sale next year.
These 9.5% interest notes, due in 2028, were sold at a slight discount and will be secured by the company's assets.
The funds will help maintain liquidity and support the balance sheet ahead of a planned vessel sale to TotalEnergies in 2025.
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Vantage Drilling recauda $50 millones a través de billetes de alto interés para impulsar las finanzas antes de una venta de buques en 2025.