Gibson Dunn Advised Schlumberger In A $1.88 Billion Private Exchange Offer

Gibson Dunn Advised Schlumberger In A $1.88 Billion Private Exchange Offer

Gibson Dunn advised Schlumberger Holdings Corporation (SHC) and Schlumberger Investment S.A. (SISA), indirect wholly owned subsidiaries of Schlumberger Limited (SLB), in approximately $1.88 billion private exchange offers to exchange four series of outstanding senior notes issued by SISA for corresponding senior notes newly issued by SHC. The firm also advised on simultaneous consent solicitations from holders to certain proposed amendments to the indentures governing SISA’s outstanding senior notes. Goldman Sachs & Co. LLC, Morgan Stanley & Co. LLC, and SG Americas Securities, LLC acted as dealer managers.

The Gibson Dunn capital markets team was led by Andrew Fabens (Partner), with support from Rodrigo Surcan (Of Counsel), Justine Robinson (Of Counsel), Alexandria Johnson (Associate Attorney), and Alexis Levine (Associate Attorney). Pamela Lawrence Endreny (Partner), Kate Long (Of Counsel), and Melissa Murphy (Associate Attorney) advised on tax aspects, while Michael Collins (Partner) advised on benefits.

Click to know more about Gibson Dunn

If you have a news or deal publication or would like to collaborate on content, columns, or article publications, connect with the Legal Era News Network Team and email us at info@legalera.in or call us on +91 8879634922.