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Published on 9/24/2013 in the Prospect News Emerging Markets Daily.

Mexico's Oceanografia planning to sell $280 million five-year notes

By Aleesia Forni

Virginia Beach, Sept. 24 - Mexico's Oceanografia SA de CV is planning to price $280 million of five-year notes, according to an informed source.

The notes would be issued by wholly owned subsidiaries OSA Goliath Pte. Ltd. and Caballo Marango Pte. Ltd.

The proceeds would be used to partially finance the purchase of two sub-sea vessels.

Pareto is the bookrunner.

Oceanografia is an offshore oil engineering services company.


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