Business Context and Reporting Period
Company: SLB Limited (SLB N.V.)
Filing Type: Form 8-K (Current Report)
Date of Report: May 7, 2026
Event: Issuance of senior notes by Schlumberger Investment S.A. (the "Issuer"), fully and unconditionally guaranteed by SLB Limited.
Key Financial Metrics
This filing details a debt issuance event rather than operational financial performance. No revenue, profit, cash flow, or margin data is provided in this document.
| Note Series | Principal Amount | Coupon Rate | Maturity Date |
|---|---|---|---|
| 2031 Notes | $500,000,000 | 4.550% | 2031 |
| 2033 Notes | $500,000,000 | 4.800% | 2033 |
| 2036 Notes | $1,000,000,000 | 5.150% | 2036 |
| Total Issuance | $2,000,000,000 | - | - |
Underwriters: J.P. Morgan Securities LLC, HSBC Securities (USA) Inc., and Standard Chartered Bank.
Trustee: The Bank of New York Mellon.
Material Changes
The filing reports a material increase in the company's long-term debt obligations through the issuance of $2.0 billion in aggregate principal amount of senior notes. This transaction was executed under a registration statement on Form S-3 filed on April 30, 2026.
Guidance, Outlook, and Risks
Management Commentary: The filing states that SLB is submitting this report to incorporate specific items by reference into its Registration Statement. No forward-looking guidance or management outlook regarding operations is included in this text.
Risks and Contingencies: The filing references the "Description of the Notes" in the prospectus supplement and base prospectus for detailed terms, covenants, and risk factors, but does not explicitly list them in this summary text. The notes are guaranteed by SLB Limited.
Investor Verification Checklist
- Verify the use of proceeds from the $2.0 billion issuance in the accompanying prospectus supplement.
- Review the specific covenants and default provisions in the Sixth Supplemental Indenture (Exhibit 4.1).
- Confirm the impact of the new debt on the company's leverage ratios and liquidity position in the most recent 10-K or 10-Q.
- Check for any changes in credit ratings following this issuance.
- Examine the underwriting agreement (Exhibit 1) for details on fees and commissions paid to J.P. Morgan, HSBC, and Standard Chartered.