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Vallourec SA (VLLP.PA)

VLLP.PA on Paris Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Vallourec Vallourec Is Considering Divesting Its "Drilling Products" Business
Monday, 11 Dec 2017 

Dec 11 (Reuters) - Vallourec Sa ::VALLOUREC : VALLOUREC IS CONSIDERING DIVESTING ITS "DRILLING PRODUCTS" BUSINESS.VALLOUREC - RECEIVED A BINDING OFFER FOR PURCHASE OF VALLOUREC DRILLING PRODUCTS BUSINESS, FOR A TOTAL CASH AMOUNT OF $63 MILLION.  Full Article

Vallourec Q3 net loss group share narrows to 119 million euros
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - VALLOUREC ::Q3 NET LOSS GROUP SHARE EUR 119 MILLION VERSUS LOSS OF EUR 160 MILLION YEAR AGO.Q3 REVENUE EUR 964‍​ MILLION VERSUS EUR 693 MILLION YEAR AGO.Q3 GROSS OPERATING INCOME EUR ‍​9 MILLION VERSUS LOSS OF EUR 52 MILLION YEAR AGO.SEES Q4 GROSS OPERATING RESULT OF BETWEEN LOSS OF EUR 20 MILLION AND BREAKEVEN.AT SEPTEMBER 30, 2017, CASH OR CASH EQUIVALENTS WAS EUR 992 MILLION.RAISES ITS GROSS OPERATING RESULT TARGET FOR FY 2017 TO BETWEEN LOSS OF EUR 30 MILLION AND LOSS OF EUR 10 MILLION.  Full Article

Vallourec offers 150 million euros additional senior notes
Monday, 23 Oct 2017 

Oct 23 (Reuters) - VALLOUREC ::VALLOUREC SA - SUCCESSFUL €150 MILLION ADDITIONAL SENIOR NOTES OFFERING.PRICES OFFERING OF EXTRA EUR 150 MILLION AGGREGATE PRINCIPAL AMOUNT OF 6.625% SENIOR NOTES DUE 2022 AT 102.5%​.‍ISSUANCE OF ADDITIONAL NOTES TO CLOSE ON OCT 26.​.  Full Article

Vallourec launches additional 2022 bond issue‍​
Monday, 23 Oct 2017 

Oct 23 (Reuters) - VALLOUREC : :LAUNCHES ADDITIONAL 2022 BOND ISSUE‍​.BONDS WITH ANNUAL COUPON OF 6.625 PCT‍​.BOND ISSUE FOR TOTAL OF EUR 150 MILLION ‍​.  Full Article

Vallourec upsizes senior notes offering to 400 million euros
Wednesday, 11 Oct 2017 

Oct 11 (Reuters) - VALLOUREC SA ::SUCCESSFULLY PRICES €400 MILLION AGGREGATE PRINCIPAL AMOUNT OF ITS SENIOR NOTES DUE 2022‍​.OFFERING WAS UPSIZED FROM THE €300,000,000 AMOUNT ANNOUNCED ON OCTOBER 9‍​.ISSUANCE OF THE NOTES IS EXPECTED TO CLOSE ON 18 OCTOBER 2017..PRICED THE OFFERING OF €400,000,000 AGGREGATE PRINCIPAL AMOUNT OF ITS SENIOR NOTES DUE 2022 AT A COUPON OF 6.625% PER ANNUM‍​.  Full Article

Vallourec launches bond issue for 300 million euros maturing in 2022‍​
Monday, 9 Oct 2017 

Oct 9 (Reuters) - VALLOUREC SA ::LAUNCH OF A BOND ISSUE FOR A TOTAL AMOUNT OF € 300 MILLION MATURING IN 2022‍​.  Full Article

Vallourec says merges its two Brazilian companies
Monday, 3 Oct 2016 

Vallourec : Co holds majority stake of 84.6% in vallourec soluções tubulares do brasil, nippon steel & sumitomo metal corp 15%, and sumitomo corp 0.4%. .Finalized merger of vallourec tubos do brasil and vallourec & sumitomo tubos do brasil on 1 october 2016.  Full Article

Vallourec merges its two main Brazilian companies
Monday, 3 Oct 2016 

Vallourec SA :Merges its two main Brazilian companies into Vallourec Soluções Tubulares do Brasil.  Full Article

Anhui Tianda Oil Pipe updates on revised offer from unit of Vallourec<0839.HK>
Thursday, 4 Aug 2016 

Anhui Tianda Oil Pipe Co Ltd <0839.HK>: Revised possible cash offer from Vallourec Tubes SAS for all the issued H shares in Anhui Tianda Oil Pipe . Vallourec Tubes SAS (offeror) to amend proposed terms of general offer by offering delisting premium of HK$0.01 per offer share . Says delisting premium is in addition to the basic offer price of HK$1.66 per offer share . Aggregate consideration payable per offer share to h shareholders if delisting resolution is approved is HK$1.67 per offer share . Revised offer is valued at approximately HK$503.7 million based on enhanced offer price and 301.6 million offer shares .Consideration payable under revised offer will be met from internalresources of offeror.  Full Article

Vallourec H1 net loss group share widend to 415 million euros
Thursday, 28 Jul 2016 

Vallourec : ‍​Revenues of 763 million euros ($845.79 million) in Q2 2016 and 1,434 million euro in H1 2016 compared to 2,070 million euros in H1 2015, down 30.7 pct . EBITDA of -32 million euros in Q2 2016 and -104 million euros in H1 2016 compared to 66 million euros in H1 2015 . H1 net result, group share of -415 million euros compared to -275 million euros in H1 2015 .2016 guidance confirmed.  Full Article

BRIEF-Vallourec Vallourec Is Considering Divesting Its "Drilling Products" Business

* VALLOUREC : VALLOUREC IS CONSIDERING DIVESTING ITS "DRILLING PRODUCTS" BUSINESS