Seadrill Limited closes the tender rig T15 transaction

Seadrill secures a three-year contract for the ultra-deepwater newbuild West Neptune

Seadrill Limited 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

generic levitra

, 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.


Shortlink:

Posted by on May 17, 2013. Filed under All news, Business, Latest news, Shipping News, World. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.