Vantage Drilling International: Senior Secured Notes Issuance

The newly issued notes are a key part of Vantage's plan to maintain a strong balance sheet and ensure sufficient liquidity until the expected sale of the Tungsten Explorer to the joint venture with TotalEnergies in 2025 ('Tungsten Explorer Vessel Sale'). The Company will repay the notes at par, plus accrued and unpaid interest once the Tungsten Explorer Vessel Sale is completed.

The transaction is part of Vantage's ongoing efforts to optimize its capital structure and enhance its liquidity position, aligning with its long-term growth objectives in the global drilling industry.

Contact Info:

Rafael Blattner
Chief Financial Officer
Vantage Drilling International Ltd.
+971 4 449 34 28