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News 2026-07-02 19:04 UTC

Civeo Shares Fall After Pricing $100 Million Convertible Senior Notes Offering

() -- Civeo (CVEO) shares fell 11% in Thursday afternoon trading, a day after the company priced a private offering of $100 million in 4.50% convertible senior notes due 2031. The offering is expected to settle on Tuesday, the company said. Civeo granted the initial purchasers a 13-day option to buy up to an additional