Prosafe SE: Sale of Safe Esbjerg
(Thomson Reuters ONE) -
Prosafe Rigs Pte Ltd, a wholly owned subsidiary of Prosafe SE ("Prosafe"), has
today entered into an agreement to sell the accommodation jack-up Safe Esbjerg
to a buyer in South East Asia.
Total proceeds amount to USD 55 million and are divided into two tranches. USD
38.5 million is payable within 60 days after closing, which took place on 7
August. The remaining USD 16.5 million will be paid as a three-year term loan
with an interest rate of 10 per cent.
The divestment of the Safe Esbjerg is in line with Prosafe's strategy of
focusing on growth within the high end of the offshore accommodation industry.
Prosafe is the world's leading owner and operator of semi-submersible
accommodation/service rigs. Operating profit reached USD 192.3 million in 2011.
The company operates globally, employs 550 people and is headquartered in
Larnaca, Cyprus. Prosafe is listed on the Oslo Stock Exchange with ticker code
PRS. For more information, please refer to www.prosafe.com.
Larnaca, 7 August 2012
Georgina Georgiou, General Manager
Prosafe SE
For further information, please contact:
Sven Børre Larsen, Chief Financial Officer
Prosafe Management AS
Phone: +47 909 43 673
Cecilie Helland Ouff, Finance and IR Manager
Prosafe AS
Phone: +47 51 64 25 20
This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Prosafe SE via Thomson Reuters ONE
[HUG#1632216]
Unternehmensinformation / Kurzprofil:
Datum: 07.08.2012 - 08:53 Uhr
Sprache: Deutsch
News-ID 172051
Anzahl Zeichen: 2150
contact information:
Town:
Larnaca
Kategorie:
Business News
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