New York, May 23 - SeaDrill Ltd. said it completed a private placement of $30.45 million of stock.
The Hamilton, Bermuda, offshore drilling company sold 15 million shares at $2.03 each.
The sale accounted for 15% of SeaDrill's equity.
Following the sale, SeaDrill has 275 shareholders including Greenwich Holdings, the biggest, with an 85% stake via its Hemen Holdings subsidiary.
Pareto Securities ASA was placement agent.
SeaDrill said its stock will initially be listed on the over-the-counter market in Oslo. Later the company plans to seek an Oslo Stock Exchange listing.
| Issuer: | SeaDrill Ltd.
|
| Issue: | Stock
|
| Amount: | $30.45 million
|
| Shares: | 15 million
|
| Price: | $2.03
|
| Placement agent: | Pareto Securities ASA
|
| Announcement date: | May 23
|
|
|
© 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.
