Summary
SLB Limited/NV (SLB) has filed an 8-K report detailing a significant debt issuance by its subsidiary, Schlumberger Investment S.A. The company successfully raised a total of $2.0 billion through the sale of senior notes. This issuance includes $500 million in 4.550% notes due 2031, $500 million in 4.800% notes due 2033, and $1.0 billion in 5.150% notes due 2036. These notes are fully and unconditionally guaranteed by the parent company, SLB Limited, providing an additional layer of security for investors. The debt was issued under a previously filed registration statement and was facilitated through an underwriting agreement with major financial institutions, including J.P. Morgan Securities LLC, HSBC Securities (USA) Inc., and Standard Chartered Bank. The issuance, which occurred on May 7, 2026, underpins SLB's ongoing financial strategy and its ability to access capital markets for its operational and strategic needs. Investors should note the specific coupon rates and maturity dates for each tranche of notes.
Key Highlights
- 1SLB's subsidiary, Schlumberger Investment S.A., issued $2.0 billion in aggregate principal amount of senior notes.
- 2The notes are comprised of three tranches: $500 million of 4.550% Senior Notes due 2031, $500 million of 4.800% Senior Notes due 2033, and $1.0 billion of 5.150% Senior Notes due 2036.
- 3All issued notes are fully and unconditionally guaranteed by the parent company, SLB Limited.
- 4The debt issuance was conducted under a registration statement on Form S-3 filed with the SEC.
- 5The notes were sold through an underwriting agreement with a syndicate of reputable financial institutions.
- 6The issuance details are further supplemented by a Sixth Supplemental Indenture, dated May 7, 2026.