Vantage Drilling International Announces Closing of FCPA Investigation by the SEC
On November 19, 2018HOUSTON, Nov. 19, 2018 (GLOBE NEWSWIRE) -- Vantage Drilling International (“Vantage” or the “Company”) announced today that it has concluded a settlement agreement with the United States Securities and Exchange Commission (the “SEC”) resolving the SEC’s investigation into possible violations of the internal accounting control provisions of the U.S… Read more
Vantage Drilling International Announces Pricing of $350 Million Senior Secured Notes Offering
On November 15, 2018HOUSTON, Nov. 15, 2018 (GLOBE NEWSWIRE) -- Vantage Drilling International (“Vantage” or the “Company”) today has priced $350 million in aggregate principal amount of 9.250% Senior Secured First Lien Notes (the “notes”) due 2023 in a private placement at par. The offering is expected to close on November 30, 2018, subject to customary closing condi… Read more
Vantage Drilling International Issues Conditional Notice of Redemption for all of its Outstanding Second Lien Notes
On November 14, 2018HOUSTON, Nov. 14, 2018 (GLOBE NEWSWIRE) -- Vantage Drilling International (“Vantage” or the “Company”) announced today that it has issued a conditional notice of redemption (the “Redemption”) for all of its outstanding 10% Senior Secured Second Lien Notes due 2020 (the “Notes”), such redemption to occur on December 14, 2018, or such later date as t… Read more
Vantage Drilling International Announces Proposed Private Offering
On November 14, 2018HOUSTON, Nov. 14, 2018 (GLOBE NEWSWIRE) -- Vantage Drilling International (“Vantage” or the “Company”) today announced that it proposes to offer $300 million in aggregate principal amount of senior secured first lien notes due 2023 (the “notes”) in a private placement. … Read more
Vantage Drilling International Reports Third Quarter Results for 2018
On November 2, 2018HOUSTON, Nov. 02, 2018 (GLOBE NEWSWIRE) -- Vantage Drilling International (“Vantage” or the “Company”) reported a net loss of approximately $26.1 million or $5.21 per share for the three months ended September 30, 2018 as compared to a net loss of $40.1 million or $8.01 per share for the three months ended September 30, 2017.… Read more
Vantage Drilling International Schedules Third Quarter 2018 Earnings Release Date and Conference Call
On October 19, 2018HOUSTON, Oct. 19, 2018 (GLOBE NEWSWIRE) -- Vantage Drilling International ("Vantage" or the "Company") today announced that it will host a conference call at 10:00 AM Eastern Time on November 2, 2018 to discuss operating results for the third quarter of 2018 and recent developments. Vantage will release earnings before the market opens on November… Read more
Vantage Drilling International Reports Second Quarter Results for 2018
On August 8, 2018HOUSTON, Aug. 08, 2018 (GLOBE NEWSWIRE) -- Vantage Drilling International ("Vantage" or the “Company”) reported a net loss of approximately $31.1 million or $6.22 per share for the three months ended June 30, 2018 as compared to a net loss of $36.6 million or $7.32 per share for the three months ended June 30, 2017.… Read more
Vantage Drilling International Schedules Second Quarter 2018 Earnings Release Date and Conference Call
On July 26, 2018HOUSTON, July 26, 2018 (GLOBE NEWSWIRE) -- Vantage Drilling International ("Vantage" or the "Company") today announced that it will host a conference call at 10:00 AM Eastern Time on August 8, 2018 to discuss operating results for the second quarter of 2018 and recent developments. Vantage will release earnings before the market opens on August 8,… Read more
International Arbitration Tribunal Awards Vantage Drilling $622 million in Breach of Drilling Contract Claim against Petrobras
On July 2, 2018HOUSTON, July 02, 2018 (GLOBE NEWSWIRE) -- Vantage Drilling International (“Vantage” or the “Company”) announced today that it was successful in its previously disclosed arbitration with Petróleo Brasileiro S.A. (“Petrobras”). An international arbitration tribunal issued an award today in favor of Vantage Deepwater Company and Vantage Deepwater Dr… Read more
Vantage Drilling International Reports First Quarter Results for 2018
On May 4, 2018HOUSTON, May 04, 2018 (GLOBE NEWSWIRE) -- Vantage Drilling International ("Vantage" or the “Company”) reported a net loss of approximately $32.1 million or $6.43 per share for the three months ended March 31, 2018 as compared to a net loss of $36.5 million or $7.30 per share for the three months ended March 31, 2017.… Read more
