<SEC-DOCUMENT>0000902664-23-004253.txt : 20230807
<SEC-HEADER>0000902664-23-004253.hdr.sgml : 20230807
<ACCEPTANCE-DATETIME>20230807191320
ACCESSION NUMBER:		0000902664-23-004253
CONFORMED SUBMISSION TYPE:	144
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20230807
DATE AS OF CHANGE:		20230807

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Valaris Ltd
		CENTRAL INDEX KEY:			0000314808
		STANDARD INDUSTRIAL CLASSIFICATION:	DRILLING OIL & GAS WELLS [1381]
		IRS NUMBER:				980635229
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		144
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	001-08097
		FILM NUMBER:		231148926

	BUSINESS ADDRESS:	
		STREET 1:		CLARENDON HOUSE
		STREET 2:		2 CHURCH STREET
		CITY:			HAMILTON
		STATE:			D0
		ZIP:			HM 11
		BUSINESS PHONE:		4402076594660

	MAIL ADDRESS:	
		STREET 1:		CLARENDON HOUSE
		STREET 2:		2 CHURCH STREET
		CITY:			HAMILTON
		STATE:			D0
		ZIP:			HM 11

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Valaris plc
		DATE OF NAME CHANGE:	20190801

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Ensco Rowan plc
		DATE OF NAME CHANGE:	20190410

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Ensco plc
		DATE OF NAME CHANGE:	20100331

REPORTING-OWNER:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			OAK HILL ADVISORS LP
		CENTRAL INDEX KEY:			0001164688
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE

	FILING VALUES:
		FORM TYPE:		144

	BUSINESS ADDRESS:	
		STREET 1:		1 VANDERBILT AVE
		STREET 2:		16TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017
		BUSINESS PHONE:		212-326-1500

	MAIL ADDRESS:	
		STREET 1:		1 VANDERBILT AVE
		STREET 2:		16TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017
</SEC-HEADER>
<DOCUMENT>
<TYPE>144
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/ownership" xmlns:com="http://www.sec.gov/edgar/common">
  <headerData>
    <submissionType>144</submissionType>
    <filerInfo>
      <filer>
        <filerCredentials>
          <!-- Field: Pseudo-Tag; ID: Name; Data: OAK HILL ADVISORS LP -->
          <cik>0001164688</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>



    </filerInfo>
  </headerData>
  <formData>
    <issuerInfo>
      <issuerCik>0000314808</issuerCik>
      <issuerName>Valaris Ltd</issuerName>
      <secFileNumber>001-08097</secFileNumber>
      <issuerAddress>
        <com:street1>Clarendon House, 2 Church Street</com:street1>
        <com:city>Hamilton</com:city>
        <com:stateOrCountry>D0</com:stateOrCountry>
        <com:zipCode>D0 HM 11</com:zipCode>
      </issuerAddress>
      <issuerContactPhone>44-02076594660</issuerContactPhone>
      <nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>Oak Hill Advisors, L.P. (1)</nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
      <relationshipsToIssuer>
        <relationshipToIssuer>Shareholder</relationshipToIssuer>
      </relationshipsToIssuer>
    </issuerInfo>
    <securitiesInformation>
      <securitiesClassTitle>Common Shares</securitiesClassTitle>
      <brokerOrMarketmakerDetails>
        <name>Morgan Stanley &amp; Co. LLC</name>
        <address>
          <com:street1>1585 Broadway</com:street1>
          <com:city>New York</com:city>
          <com:stateOrCountry>NY</com:stateOrCountry>
          <com:zipCode>10036</com:zipCode>
        </address>
      </brokerOrMarketmakerDetails>
      <noOfUnitsSold>4200000</noOfUnitsSold>
      <aggregateMarketValue>320166000.00</aggregateMarketValue>
      <noOfUnitsOutstanding>73987672</noOfUnitsOutstanding>
      <approxSaleDate>08/07/2023</approxSaleDate>
      <securitiesExchangeName>NYSE</securitiesExchangeName>
    </securitiesInformation>
    <securitiesToBeSold>
      <securitiesClassTitle>Common Shares</securitiesClassTitle>
      <acquiredDate>04/30/2021</acquiredDate>
      <natureOfAcquisitionTransaction>See Remark 2</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>See Remark 2</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>4200000</amountOfSecuritiesAcquired>
      <paymentDate>04/30/2021</paymentDate>
      <natureOfPayment>See Remark 2</natureOfPayment>
    </securitiesToBeSold>
    <nothingToReportFlagOnSecuritiesSoldInPast3Months>Y</nothingToReportFlagOnSecuritiesSoldInPast3Months>
    <remarks>(1) Oak Hill Advisors, L.P., a Delaware limited partnership ("OHA"), acts (directly or through an affiliate) as the investment adviser to certain funds and client accounts (together, the "Oak Hill Advisory Entities"). The common shares covered by this Form 144 are held by the Oak Hill Advisory Entities. Joseph Goldschmid is an employee of OHA and a director of the Issuer. (2) The shares reported herein were originally acquired from the Issuer pursuant to the Bankruptcy Court the Debtor's Fourth Amended Joint Chapter 11 Plan of Reorganization pursuant to Chapter 11 of the Bankruptcy Code (as amended, modified or supplemented from time to time) as disclosed in the Schedule 13D filed by OHA with the Securities and Exchange Commission on June 25, 2021.</remarks>
    <noticeSignature>
      <noticeDate>08/07/2023</noticeDate>
      <signature>Oak Hill Advisors L.P., By: /s/ Gregory S. Rubin, Authorized Signatory</signature>
    </noticeSignature>
  </formData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
