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Constellation Oil Services Settles Offering of Senior Secured Bond Due 2033
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11:32 PM EDT, 08/03/2026 (MT Newswires) -- Constellation Oil Services (COSH.OL) settled its offering of $650 million senior secured bond due 2033, according to a Monday release. The bond carries an annual fixed coupon of 7.700%, payable semi-annually, and will be listed on the Singapore Exchange. The offshore drilling company will use the net proceeds to fully pay its outstanding $650 million of 9.375% senior secured notes due 2029. Redemption of the existing bonds is anticipated on Tuesday.
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