By Sheri Kasprzak
New York, July 11 - Seadrill Ltd. sealed its previously announced private placement for NOK 889 million.
The company sold 7 million shares at NOK 127 each.
Following the deal, the company now has 399,133,216 outstanding common shares.
Carnegie ASA, Fearnley Fonds ASA and Dahlman Rose & Co. were the agents.
Proceeds will be used for newbuild deepwater units to be available for new assignments by 2010.
Based in Hamilton, Bermuda, Seadrill is an offshore drilling contractor.
| Issuer: | Seadrill Ltd.
|
| Issue: | Stock
|
| Amount: | NOK 889 million
|
| Shares: | 7 million
|
| Price: | NOK 127
|
| Warrants: | No
|
| Placement agents: | Carnegie ASA, Fearnley Fonds ASA and Dahlman Rose & Co.
|
| Settlement date: | July 10
|
| Stock symbol: | Oslo: SDRL
|
| Stock price: | NOK 126.50 at close July 10
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
