Precision Drilling Corporation 6.875% 15-JAN-2029Precision Drilling Corporation 6.875% 15-JAN-2029Precision Drilling Corporation 6.875% 15-JAN-2029

Precision Drilling Corporation 6.875% 15-JAN-2029

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PDS5196535 analysis



Key facts


Issue date
Jun 15, 2021
Maturity date
Jan 15, 2029
Outstanding amount
‪400.00 M‬USD
Face value
1,000.00USD
Minimum denomination
2,000.00USD
Coupon
6.88% (Fixed)
Yield to maturity
7.01%
Precision Drilling Corp. engages in the provision of onshore drilling, completion, and production services to the oil and natural gas industry. It operates through the following business segments: Contract Drilling Services and Completion and Production Services. The Contract Drilling Services segment includes rig and directional drilling, procurement and distribution of oilfield supplies, and the manufacture, sale, and repair of drilling equipment. The Completion and Production Services segment includes service rigs, oilfield equipment rental, and camp and catering services. The company was founded in 1951 and is headquartered in Calgary, Canada.
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