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BRIEF-Precision Drilling announces tender offer for all outstanding 6.625% senior notes due 2020 and part of its outstanding 6.500% senior notes due 2021
November 8, 2017 / 7:33 PM / in 9 days

BRIEF-Precision Drilling announces tender offer for all outstanding 6.625% senior notes due 2020 and part of its outstanding 6.500% senior notes due 2021

Nov 8 (Reuters) - Precision Drilling Corp:

* Precision drilling announces tender offer for all of its outstanding 6.625% senior notes due 2020 and a portion of its outstanding 6.500% senior notes due 2021

* Commenced tender offers for outstanding 6.625% senior notes due 2020 & up to $70 million of outstanding 6.500% senior notes due 2021​

* Tender offers will expire on December 6, 2017​

* To finance purchase of notes tendered in tender offers with cash on hand,proceeds from private placement of senior notes due 2026​ Source text for Eikon: Further company coverage:

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