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Long Term Debt

Description:	8.25% Senior Secured Notes
Interest Rate:	8.25% cash coupon; 10.25% half cash, half paid-in-kind coupon; 12% paid-in-kind coupon. Ability to PIK interest for the life of the note.
Maturity Date:	April 30, 2028

Investor Contact

Darin Gibbins
Vice President – Investor Relations & Treasurer
713-979-4623

General investor relations inquiries please submit here: ir.hdqrs@valaris.com

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