SDRL - Seadrill Limited closes the tender rig T15 transaction

SDRL - Seadrill Limited closes the tender rig T15 transaction

ID: 261261

(Thomson Reuters ONE) -


SDRL - Seadrill Limited closes the tender rig T15 transaction



Hamilton, Bermuda, May 17, 2013 - We refer to the press release dated May
7, 2013, which announced the transaction to sell the T-15 Tender rig.

Seadrill Limited ("Seadrill" or "The Company") has today completed the
previously announced transaction to sell the T-15 tender rig to Seadrill
Partners.

The agreed upon sale is for a total price of US$210 million, less approximately
US$100 million of debt outstanding under the credit facility secured by the T-
15. The balance of the total consideration is being financed with vendor
financing provided by Seadrill in the form of a loan in the amount of
approximately US$110 million.


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: Seadrill Limited via Thomson Reuters ONE
[HUG#1702892]






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Bereitgestellt von Benutzer: hugin
Datum: 17.05.2013 - 12:52 Uhr
Sprache: Deutsch
News-ID 261261
Anzahl Zeichen: 1505

contact information:
Town:

Hamilton



Kategorie:

Business News



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