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Seadrill Limited closes public offering and private placement of Seadrill Partners LLC


Published Dec 11, 2013
Seadrill Limited

Seadrill Limited (Seadrill) has completed its purchase from Seadrill Partners LLC (Seadrill Partners) of 3,394,916 common units, representing liability company interests in Seadrill Partners, at a price of $29.50 per common unit in a private placement.

In addition, Seadrill Partners closed its previously announced offering of 12,880,000 common units in a public offering at a price of $29.50 per common unit (including 1,680,000 common units sold pursuant to the underwriters' over-allotment option).

Tags: Seadrill Limited




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