International oilfield services company, Expro, announced an offering by Expro Finance Luxembourg S.C.A. of 8.50% senior secured notes, due 2016, in an aggregate principal amount of $100 million.
The notes will be guaranteed on a senior secured basis by Expro Holdings UK 3 Limited and certain of its subsidiaries. The net proceeds of the offering will be used for general corporate purposes, including capital expenditures.
The notes may not be offered or sold in the United States absent registration under the U.S. Securities Act of 1933, as amended, or an applicable exemption from registration requirements. No public offering of notes will be made in the United States.
[mappress]
July 11, 2013