Credit & Debt Summary

Ensco is assigned an investment grade credit rating by the following rating agencies:

Moody's

Baa1 Stable Outlook

Standard & Poor's

BBB+ Stable Outlook

Debt Summary

Bank Revolving Credit Facility

We amended and restated our unsecured 5-year revolving credit facility with a syndicate of lenders in September 2014 

Description: Amended & Restated Committed Unsecured Revolving Credit Facility
Commitments: $2.25 billion, with uncommitted $500 million accordion option to increase to up to $2.75 billion
Availability: $2.25 billion
Interest Rate: LIBOR plus an Applicable Margin (currently 1.125% per annum)
Original Tenor: 5 Years 
Maturity Date: September 2019, with an option to extend by one year on up to two occasions


Long-Term Debt

 As of 30 Sept 2014


Date Issued

Par Outstanding ($ in millions)

Interest Rate

Maturity Date

3.250% Senior Notes due 2016* 17-Mar-11

$1,000.0

3.250% fixed 15-Mar-16
8.500% Senior Notes due 2019* 02-Jun-09

$   500.0

8.500% fixed 15-Jun-19
6.875% Senior Notes due 2020* 06-Aug-10

$   900.0

6.875% fixed 15-Aug-20
4.700% Senior Notes due 2021* 17-Mar-11

$1,500.0

4.700% fixed 15-Mar-21
4.500% Senior Notes due 2024  29-Sep-14 $   625.0 4.500% fixed  1-Oct-24
7.200% Debentures due 2027* 25-Nov-97

$   150.0

7.200% fixed 15-Nov-27
7.875% Senior Notes due 2040* 06-Aug-10

$   300.0

7.875% fixed 15-Aug-40
5.750% Senior Notes due 2044  29-Sep-14  $   625.0 5.750% fixed  1-Oct-44
6.360% MARAD Bonds due 2015** 25-Jan-01

$ 19.0

6.360% fixed 01-Dec-15
4.240% MARAD Bonds due 2016** 26-Sep-03

$  28.6

4.240% fixed 15-Jan-16
4.390% MARAD Bonds due 2016** 23-Oct-03

$  28.4

4.390% fixed 15-Apr-16
4.620% MARAD Bonds due 2016** 06-May-04

$   3.6

4.620% fixed 15-Apr-16
4.650% MARAD Bonds due 2020** 08-Oct-03

$29.3

4.650% fixed 15-Oct-20

* Unsecured

** Secured debt guaranteed by the U.S. Dept. of Transportation, Maritime Administration. These bonds have semi-annual amortization payments and are secured by certain drilling rigs.

Fleet Status Report

Investor Relations Contacts

Sean P. O'Neill
Vice President–Investor Relations and Communications
713.430.4607

Nick Georgas
Manager–Investor Relations
713.430.4490

Email Investor Relations