{"id":499726,"date":"2021-05-28T09:03:14","date_gmt":"2021-05-28T13:03:14","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/schlumberger-announces-redemption-of-100-of-outstanding-3-300-senior-notes-due-2021\/"},"modified":"2021-05-28T09:03:14","modified_gmt":"2021-05-28T13:03:14","slug":"schlumberger-announces-redemption-of-100-of-outstanding-3-300-senior-notes-due-2021","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/schlumberger-announces-redemption-of-100-of-outstanding-3-300-senior-notes-due-2021\/","title":{"rendered":"Schlumberger Announces Redemption of 100% of Outstanding 3.300% Senior Notes Due 2021"},"content":{"rendered":"<p>        <!--body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p><b>Schlumberger Announces Redemption of 100% of Outstanding 3.300% Senior Notes Due 2021 <\/b><\/p>\n<p>HOUSTON&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nAs part of its ongoing commitment to debt reduction, Schlumberger Limited (\u201cSchlumberger\u201d) today announced that Schlumberger Investment SA, an indirect wholly-owned subsidiary of Schlumberger (\u201cSISA\u201d), will redeem notes with an outstanding aggregate principal amount of $664,776,000. This redemption is for the entire outstanding principal amount of SISA\u2019s 3.300% Senior Notes due 2021 (CUSIP Nos. 806854AB1 \/ L81445AB1; and ISIN Nos. US806854AB12 \/ USL81445AB10) (the \u201cNotes\u201d). The redemption date for the Notes is June 28, 2021 (the \u201cRedemption Date\u201d).\n<\/p>\n<p>\nThe Notes will be redeemed on the Redemption Date at a redemption price for the Notes equal to (a) 100% of the aggregate principal amount being redeemed, plus (b) accrued and unpaid interest on the Notes from the last interest payment date to, but excluding, the Redemption Date. On and after the Redemption Date, the Notes will cease to be outstanding and interest will cease to accrue on the Notes.\n<\/p>\n<p>\nNotices of redemption are being sent by the trustee for the Notes to all currently registered holders of the Notes.\n<\/p>\n<p><b>About Schlumberger<\/b><\/p>\n<p>\nSchlumberger (SLB: NYSE) is a technology company that partners with customers to access energy. Our people, representing over 160 nationalities, are providing leading digital solutions and deploying innovative technologies to enable performance and sustainability for the global energy industry. With expertise in more than 120 countries, Schlumberger collaborates to create technology that unlocks access to energy for the benefit of all.\n<\/p>\n<p>\nFind out more at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.slb.com&amp;esheet=52436836&amp;newsitemid=20210528005251&amp;lan=en-US&amp;anchor=www.slb.com&amp;index=1&amp;md5=70cb5e006a3f323a0cfa98e61b67624d\">www.slb.com<\/a>.\n<\/p>\n<p><b>Cautionary Statement Regarding Forward-Looking Statements<\/b><\/p>\n<p>\nThis press release contains \u201cforward-looking statements\u201d within the meaning of the federal securities laws \u2014 that is, statements about the future, not about past, events. Such statements often contain words such as \u201cexpect,\u201d \u201cmay,\u201d \u201cbelieve,\u201d \u201cplan,\u201d \u201cestimate,\u201d \u201cintend,\u201d \u201canticipate,\u201d \u201cshould,\u201d \u201ccould,\u201d \u201cwill,\u201d \u201csee,\u201d \u201clikely\u201d and other similar words. Forward-looking statements address matters that are, to varying degrees, uncertain, such as statements regarding the terms and timing of the redemption of the Notes. Neither Schlumberger nor SISA can give any assurance that such statements will prove correct. These statements are subject to, among other things, the risks and uncertainties detailed in Schlumberger\u2019s most recent Forms 10-K, 10-Q, and 8-K filed with or furnished to the Securities and Exchange Commission. Actual outcomes may vary materially from those reflected in Schlumberger\u2019s forward-looking statements. The forward-looking statements speak only as of the date of this press release, and Schlumberger and SISA disclaim any intention or obligation to update publicly or revise such statements, whether as a result of new information, future events or otherwise.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210528005251r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20210528005251\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210528005251\/en\/<\/a><\/span><\/p>\n<p>\nNdubuisi Maduemezia \u2013 Vice President of Investor Relations, Schlumberger Limited<br \/>\n<br \/>Joy V. Domingo \u2013 Director of Investor Relations, Schlumberger Limited<br \/>\n<br \/>Office +1 (713) 375-3535<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:investor-relations@slb.com\">investor-relations@slb.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Texas United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Oil\/Gas Energy Technology Software Utilities<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20210528005251\/en\/881586\/3\/slb-logo.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Schlumberger Announces Redemption of 100% of Outstanding 3.300% Senior Notes Due 2021 HOUSTON&#8211;(BUSINESS WIRE)&#8211; As part of its ongoing commitment to debt reduction, Schlumberger Limited (\u201cSchlumberger\u201d) today announced that Schlumberger Investment SA, an indirect wholly-owned subsidiary of Schlumberger (\u201cSISA\u201d), will redeem notes with an outstanding aggregate principal amount of $664,776,000. This redemption is for the entire outstanding principal amount of SISA\u2019s 3.300% Senior Notes due 2021 (CUSIP Nos. 806854AB1 \/ L81445AB1; and ISIN Nos. US806854AB12 \/ USL81445AB10) (the \u201cNotes\u201d). The redemption date for the Notes is June 28, 2021 (the \u201cRedemption Date\u201d). The Notes will be redeemed on the Redemption Date at a redemption price for the Notes equal to (a) 100% of the aggregate principal amount being redeemed, plus &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/schlumberger-announces-redemption-of-100-of-outstanding-3-300-senior-notes-due-2021\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Schlumberger Announces Redemption of 100% of Outstanding 3.300% Senior Notes Due 2021&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-499726","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Schlumberger Announces Redemption of 100% of Outstanding 3.300% Senior Notes Due 2021 - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/schlumberger-announces-redemption-of-100-of-outstanding-3-300-senior-notes-due-2021\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Schlumberger Announces Redemption of 100% of Outstanding 3.300% Senior Notes Due 2021 - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Schlumberger Announces Redemption of 100% of Outstanding 3.300% Senior Notes Due 2021 HOUSTON&#8211;(BUSINESS WIRE)&#8211; As part of its ongoing commitment to debt reduction, Schlumberger Limited (\u201cSchlumberger\u201d) today announced that Schlumberger Investment SA, an indirect wholly-owned subsidiary of Schlumberger (\u201cSISA\u201d), will redeem notes with an outstanding aggregate principal amount of $664,776,000. This redemption is for the entire outstanding principal amount of SISA\u2019s 3.300% Senior Notes due 2021 (CUSIP Nos. 806854AB1 \/ L81445AB1; and ISIN Nos. US806854AB12 \/ USL81445AB10) (the \u201cNotes\u201d). The redemption date for the Notes is June 28, 2021 (the \u201cRedemption Date\u201d). The Notes will be redeemed on the Redemption Date at a redemption price for the Notes equal to (a) 100% of the aggregate principal amount being redeemed, plus &hellip; Continue reading &quot;Schlumberger Announces Redemption of 100% of Outstanding 3.300% Senior Notes Due 2021&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/schlumberger-announces-redemption-of-100-of-outstanding-3-300-senior-notes-due-2021\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-05-28T13:03:14+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210528005251r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/schlumberger-announces-redemption-of-100-of-outstanding-3-300-senior-notes-due-2021\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/schlumberger-announces-redemption-of-100-of-outstanding-3-300-senior-notes-due-2021\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Schlumberger Announces Redemption of 100% of Outstanding 3.300% Senior Notes Due 2021\",\"datePublished\":\"2021-05-28T13:03:14+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/schlumberger-announces-redemption-of-100-of-outstanding-3-300-senior-notes-due-2021\\\/\"},\"wordCount\":482,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/schlumberger-announces-redemption-of-100-of-outstanding-3-300-senior-notes-due-2021\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20210528005251r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/schlumberger-announces-redemption-of-100-of-outstanding-3-300-senior-notes-due-2021\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/schlumberger-announces-redemption-of-100-of-outstanding-3-300-senior-notes-due-2021\\\/\",\"name\":\"Schlumberger Announces Redemption of 100% of Outstanding 3.300% Senior Notes Due 2021 - 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This redemption is for the entire outstanding principal amount of SISA\u2019s 3.300% Senior Notes due 2021 (CUSIP Nos. 806854AB1 \/ L81445AB1; and ISIN Nos. US806854AB12 \/ USL81445AB10) (the \u201cNotes\u201d). The redemption date for the Notes is June 28, 2021 (the \u201cRedemption Date\u201d). The Notes will be redeemed on the Redemption Date at a redemption price for the Notes equal to (a) 100% of the aggregate principal amount being redeemed, plus &hellip; Continue reading \"Schlumberger Announces Redemption of 100% of Outstanding 3.300% Senior Notes Due 2021\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/schlumberger-announces-redemption-of-100-of-outstanding-3-300-senior-notes-due-2021\/","og_site_name":"Market Newsdesk","article_published_time":"2021-05-28T13:03:14+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210528005251r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/schlumberger-announces-redemption-of-100-of-outstanding-3-300-senior-notes-due-2021\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/schlumberger-announces-redemption-of-100-of-outstanding-3-300-senior-notes-due-2021\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Schlumberger Announces Redemption of 100% of Outstanding 3.300% Senior Notes Due 2021","datePublished":"2021-05-28T13:03:14+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/schlumberger-announces-redemption-of-100-of-outstanding-3-300-senior-notes-due-2021\/"},"wordCount":482,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/schlumberger-announces-redemption-of-100-of-outstanding-3-300-senior-notes-due-2021\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210528005251r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/schlumberger-announces-redemption-of-100-of-outstanding-3-300-senior-notes-due-2021\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/schlumberger-announces-redemption-of-100-of-outstanding-3-300-senior-notes-due-2021\/","name":"Schlumberger Announces Redemption of 100% of Outstanding 3.300% Senior Notes Due 2021 - 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