Valaris Ltd (VAL) bonds
VALNYSEDrilling Oil & Gas WellsFiscal year ends December 31Also trades as VAL.WT
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Nov 3, 2026Score 13/3028% below fair value
$84.14+3.53 (+4.38%)
Close on Nov 13, 2026Market cap $5.84BP/E 6.3Yield –
Debt
Borrowings on the balance sheet, Jun 30, 2026
Total debt
$1.09B
Long-term debt
Net debt
$546.40M
After $541.20M of cash
Implied interest rate
–
FY2025 interest ÷ average debt
Interest coverage
–
FY2025 operating income ÷ interest
Total debt by fiscal year
Long-term plus current debt, USD
When the debt comes due
Principal repayments of long-term debt by fiscal year, as scheduled at Dec 31, 2015
From the debt maturity table in the annual report (filing). “Later” is everything due after year five.
Notes and loans outstanding
As tagged in Valaris's 10-K for the period ended Oct 31, 2023
| Issue | Coupon | Amount issued |
|---|---|---|
| Additional Second Lien Notes | – | $400.00M |
| Newbuild Funding Obligation | – | $359.00M |
| Second Lien Notes | – | $700.00M |
| Second Lien Notes | 8.38% | – |
Companies tag their debt differently: some list every note, others group notes by issuance year or by type, so the list may not add up to total debt. Notes that matured before today are hidden. Source: 10-K.
Credit facilities
Revolving credit lines and other committed borrowing capacity
| Facility | Size |
|---|---|
| Revolving Credit Facility | $375.00M |
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