GLAS facilitates $650 million bond refinancing for Constellation Oil Services

GLAS is pleased to announce the successful completion of Constellation Oil Services Holding S.A.’s $650 million senior secured bond transaction.

The new seven-year bond carries a fixed coupon of 7.70% and refinances the company’s existing 2029 notes. The transaction extends Constellation’s debt maturity profile, secures improved financing terms and enhances financial flexibility to support the company’s long-term strategic objectives.

The GLAS Americas team acted as Note Trustee, Paying Agent, Registrar, Transfer Agent and Collateral Agent, providing a comprehensive range of services to support the successful execution of the transaction.

The refinancing strengthens Constellation’s capital structure and positions the company to continue delivering offshore oilfield services while maintaining financial flexibility for future growth opportunities.

About Constellation Oil Services Holding S.A.

Constellation Oil Services Holding S.A. is a leading offshore oilfield services provider focused on the operation of drilling rigs and related services for the offshore energy industry. The company serves customers across key offshore markets and maintains a fleet of assets supporting exploration and production activities.

About GLAS

Founded in 2011, GLAS is a leading independent global provider of debt administration services. As a non-lender and conflict-free firm, GLAS supports both private and public credit markets, distinguishing itself through its expertise, reliability and independence.

With over $850 billion of assets under administration, GLAS is headquartered in London and has an established international presence, with offices in the United States, France, Germany, Spain, Italy, the United Arab Emirates, Singapore, Hong Kong and Australia.

For further information, please contact: media@glas.agency.