Davis Polk advised the representatives of the underwriters on an SEC-registered offering by Schlumberger Finance Canada Ltd. of $500 million aggregate principal amount of 1.400% senior notes due 2025. The notes are fully and unconditionally guaranteed by Schlumberger Limited, the parent company of the issuer.
Operating in approximately 85 countries, Schlumberger Limited is the world’s leading supplier of technology, integrated project management and information solutions to the international oil and gas exploration and production industry.
The Davis Polk capital markets team included partner Byron B. Rooney and associates Jennifer Ying Lan and Ariel Rivera. Partner Michael Farber and associates Joseph M. Gerstel and Tomislava Dragicevic provided tax advice. The environmental team consisted of counsel Betty Moy Huber and associate Michael Comstock. All members of the Davis Polk team are based in the New York office.