Brief: Dolphin Drilling Intends To Carry Out Private Placement

Dolphin Drilling AS

22/06/2023 15:40

June 22 (Reuters) - Dolphin Drilling AS  DDRIL.OL :
    * CONTEMPLATED PRIVATE PLACEMENT
    * CONTEMPLATES PRIVATE PLACEMENT RAISING NOK EQUIVALENT OF APPROXIMATELY USD 60 MILLION
    * SUBSCRIPTION PRICE PER OFFER SHARE IN PRIVATE PLACEMENT IS FIXED AT NOK 8,50
    * PERIOD FOR PRIVATE PLACEMENT OPENS TODAY AT 16:30 CEST AND CLOSES ON 23 JUNE 2023 AT 08:00
CEST
    * PROCEEDS TO BE USED TO PARTIALLY FINANCE ACQUISITION OF PAUL B. LOYD JR. AND TRANSOCEAN
LEADER.
FOR WORKING CAPITAL, GENERAL CORPORATE PURPOSES

Source text for Eikon:  ID:nWkr8TjrJp 
Further company coverage:  DDRIL.OL 

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