SDLP - Seadrill Partners LLC Announces Public Offering of 12,900,000 Common Units
(Thomson Reuters ONE) -
London, United Kingdom, December 02, 2013 - Seadrill Partners LLC ("Seadrill
Partners" or the "Company") (NYSE: SDLP) announced today that it plans to offer
12,900,000 common units representing liability company interests in a public
offering. In addition, and concurrently with the closing of the public offering,
Seadrill Limited ("Seadrill") has agreed that it will purchase $50.0 million of
common units at the public offering price. The Company intends to use the net
proceeds from the public offering and the concurrent private placement to fund
its portion of the cash purchase price in connection with the previously
announced proposed acquisitions by Seadrill Operating LP and Seadrill Capricorn
Holdings LLC of the semi-submersible drilling rigs, the West Leo and the West
Sirius, respectively (the "Acquisitions").
Seadrill Partners was formed by Seadrill to own, operate and acquire offshore
drilling rigs under long-term contracts. Its current fleet consists of two semi-
submersible rigs (the West Capricorn and the West Aquarius), one drillship (the
West Capella), two tender rigs (the T-15 and the T-16), and one semi-tender (the
West Vencedor).
Citigroup, BofA Merrill Lynch, Goldman, Sachs & Co., Morgan Stanley, Wells Fargo
Securities, Deutsche Bank Securities and RBC Capital Markets are acting as the
joint bookrunning managers, and DNB Markets, Fearnley Securities and Global
Hunter Securities are acting as co-managers, in connection with the offering of
common units.
When available, copies of the preliminary prospectus supplement and accompanying
base prospectus related to this offering may be obtained from the offices of:
Citigroup, c/o Broadridge Financial Solutions, 1155 Long Island Avenue,
Edgewood, NY 11717, Telephone: 800-831-9146, Email: BATProspectusdept(at)citi.com;
BofA Merrill Lynch, 222 Broadway, New York, NY 10038, Attn: Prospectus
Department or Email dg.prospectusrequests(at)baml.com; Goldman, Sachs & Co.,
Attention: Prospectus Department, 200 West Street, New York, NY 10282,
Telephone: 866-471-2526, Facsimile: 212-902-9316, Email: prospectus-
ny(at)ny.email.gs.com; Morgan Stanley, Attn: Prospectus Department, 180 Varick
Street, 2nd Floor, New York, NY 10014; Wells Fargo Securities, Attention:
Equity Syndicate Department, 375 Park Avenue, New York, New York, 10152,
Telephone: 800-326-5897, Email: cmclientsupport(at)wellsfargo.com; Deutsche Bank
Securities Inc., Attention: Prospectus Group, 60 Wall Street, New York, NY
10005-2836, Telephone: 800-503-4611, Email: prospectus.cpdg(at)db.com, or RBC
Capital Markets, LLC, Three World Financial Center, 200 Vesey Street, 8th Floor,
New York, NY 10281-8098, Telephone: 877-822-4089.
This news release does not constitute an offer to sell or a solicitation of an
offer to buy the securities described herein, nor shall there be any sale of
these securities in any state or jurisdiction in which such an offer,
solicitation or sale would be unlawful prior to registration or qualification
under the securities laws of any such jurisdiction. The common units in the
public offering will be offered and sold pursuant to an effective registration
statement on Form F-3 previously filed with the Securities and Exchange
Commission (the "SEC") (File No. 333192053). This offering may be made only by
means of a prospectus supplement and accompanying base prospectus, which will be
filed with the SEC.
The statements in this press release that are not historical facts may be
forward-looking statements. These forward looking statements, which include
statements related to the public offering of common units, the concurrent
private placement and the use of proceeds therefrom, are based upon the current
beliefs and expectations of Seadrill Partners' management and are subject to
risks and uncertainties, which could cause actual results to differ from the
forward looking statements. The information set forth herein should be read in
light of such risks. Seadrill Partners does not assume any obligation to update
the information contained in this press release.
Questions should be directed to:
Graham Robjohns: Chief Executive Officer
Rune Magnus Lundetræ: Chief Financial Officer
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire 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 Partners LLC via GlobeNewswire
[HUG#1747225]
Bereitgestellt von Benutzer: hugin
Datum: 02.12.2013 - 22:20 Uhr
Sprache: Deutsch
News-ID 321949
Anzahl Zeichen: 5136
contact information:
Town:
London
Kategorie:
Business News
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