Noble Corporation Issues New Senior Unsecured Notes Offering
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Noble Corporation ( (NE) ) has provided an update.
On June 11, 2026, Noble Finance II LLC, a wholly owned subsidiary of Noble Corporation, issued $800 million of 6.250% senior unsecured notes due June 15, 2034, under a new indenture with HSBC Bank USA as trustee. The notes, guaranteed by certain subsidiaries, carry semi-annual interest payments starting December 15, 2026, and include a detailed schedule of optional redemption provisions, including equity-funded redemptions and make-whole redemptions before June 15, 2029.
The indenture also provides that, upon a change of control triggering event, holders may require the issuer to repurchase their notes at 101% of principal plus accrued interest. It further imposes restrictive covenants on additional indebtedness, liens, distributions, investments, asset sales, mergers and affiliate transactions, and sets customary events of default that allow the trustee or a qualified noteholder group to accelerate the debt, shaping Noble’s future capital structure and creditor protections.
The most recent analyst rating on (NE) stock is a Buy
with a $56.00 price target.
To see the full list of analyst forecasts on Noble Corporation stock,
see the NE Stock Forecast page.
Spark’s Take on NE Stock
According to Spark, TipRanks’ AI Analyst, NE is a Neutral.
NE scores as moderately attractive: strong cash flow and supportive earnings-call fundamentals (large backlog and maintained 2026 guidance) are the main positives. These are partly offset by bearish technical momentum (below key moving averages with negative MACD) and a relatively high P/E despite the strong dividend yield.
To see Spark’s full report on NE stock,
click here.
More about Noble Corporation
Noble Corporation, through its wholly owned subsidiary Noble Finance II LLC, operates in the offshore contract drilling industry, raising capital in the debt markets to support its operations and strategic initiatives. The group structures its borrowings through senior unsecured notes, often guaranteed by key operating subsidiaries to enhance credit support and financial flexibility.
Average Trading Volume: 1,513,326
Technical Sentiment Signal: Buy
Current Market Cap: $7.36B
For detailed information about NE stock, go to TipRanks’ Stock Analysis page.
