SDRL - Seadrill Limited closes the tender rig T15 transaction HAMILTON, BERMUDA -- (Marketwired) -- 05/17/13 -- SDRL - Seadrill Limited closes the tender rig T15 transaction 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] Seadrill +47 51 30 99 00
SDRL - Seadrill Limited closes the tender rig T15 transaction
Press spacebar to pause and continue. Press esc to stop.