Songa announces financial update
(Thomson Reuters ONE) - NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES, AUSTRALIA, CANADA ANDJAPANIn connection with the offering of senior notes launched today, Songa OffshoreSE has updated its third quarter 2009 financial report, which is available onthe link below and on Songa's web-site.Further, based on preliminary unaudited information for the year ended 31December 2009, Songa expects to report, on a consolidated basis, revenue of atleast USD 780 million and EBITDA of at least USD 420 million for the year.Songa confirms that it has been rated by Moody's and Standard & Poor's on thebasis of completion of the senior notes offering.Limassol, 27 January 2010+++++++++++++++++++++The senior notes and the related guarantees have not been, and will not be,registered under the U.S. Securities Act of 1933, as amended (the "SecuritiesAct"), or any state securities laws. Accordingly, the senior notes and therelated guarantees are being offered and sold in the United States only toqualified institutional buyers in accordance with Rule 144A under the SecuritiesAct and outside the United States in accordance with Regulation S under theSecurities Act.The offering of senior notes is being made by means of an offering memorandum.This announcement does not constitute an offer to sell or the solicitation of anoffer to buy the senior notes or any other security and shall not constitute anoffer, solicitation or sale in any jurisdiction in which, or to any persons towhom, such offering, solicitation or sale would be unlawful.Forward Looking Statements: Certain statements in this announcement areforward-looking. These forward-looking statements represent expectations forSonga's business and results of operations, and involve risks and uncertainties.These forward-looking statements are based on current expectations, assumptionsand projections about future events. Because these expectations and assumptionsinvolve known and unknown risks, uncertainties and other factors, which are insome cases beyond Songa's control, actual results or performance may differmaterially from those expressed or implied by such forward-looking statements.Given the risks and uncertainties, investors are cautioned not to place unduereliance on such forward-looking statements.This information is subject of the disclosure requirements acc. to §5-12 vphl(Norwegian Securities Trading Act)[HUG#1377528] Songa Q3 2009 Financial Report Restated: http://hugin.info/136777/R/1377528/338415.pdf
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Datum: 27.01.2010 - 08:37 Uhr
Sprache: Deutsch
News-ID 11619
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