Civeo prices USD 100 million 4.5% convertible senior notes due 2031

Civeo Corp

Civeo Corp

CVEO

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  • Civeo priced a private offering of USD 100 million 4.50% convertible senior notes due 2031, with settlement set for July 7, 2026.
  • Initial purchasers received a 13-day option to buy up to an additional USD 15 million of notes.
  • Net proceeds estimated at about USD 96.2 million, rising to about USD 110.8 million if the option is fully exercised.
  • About USD 22.3 million earmarked to repurchase 660,297 common shares concurrent with pricing.
  • Remaining proceeds targeted for repayment of borrowings under its amended and restated syndicated facility agreement.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Civeo Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20260701788407) on July 02, 2026, and is solely responsible for the information contained therein.

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