Luxembourg, 3 August 2026: Constellation Oil Services Holding S.A.
("Constellation" or the "Company", OSE: COSH) has today successfully settled its
USD 650 million senior secured bond due 2033 (the "Bonds"), as previously
announced by the Company in its pricing press release dated 22 July 2026. The
Bonds carry a fixed coupon of 7.700% p.a., payable semi-annually.
As previously disclosed, the net proceeds from the bond issue, together with
cash on hand, will be used to discharge and satisfy in full the Company's
outstanding USD 650 million 9.375% Senior Secured Notes due 2029 (the "Existing
Bonds"), and to pay fees and expenses in connection with the transaction. The
redemption of the Existing Bonds is expected to settle on August 4, 2026.
An application will be made for the Bonds to be listed on the Singapore Exchange
Securities Trading Limited - SGX-ST.
This press release does not constitute an offer of any securities for sale. Any
securities have not been and will not be registered under the U.S. Securities
Act of 1933, as amended, and may not be offered or sold in the United States
absent registration or an applicable exemption from registration requirements.
For further queries, please contact:
Investor Relations Team
Email: ir@theconstellation.com
Additional information about the Company can be found at Constellation Investor
Relations.
About Constellation
Constellation is a market leading provider of offshore oil and gas contract
drilling services through its subsidiary Serviços de Petróleo Constellation S.A.
("Serviços de Petróleo Constellation"). With continuous operations since 1981,
Serviços de Petróleo Constellation has built an unmatched reputation for
excellence in offshore drilling services, obtaining ISO 9001, ISO 14001, ISO
45001, and API Spec Q2 certifications for its quality management, environmental
and safety records and systems.
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