North Atlantic Drilling Ltd. - 2014-01-28
Description
Priced its initial public offering of some 13.5 million common shares at $9.25 per share with an over-allotment option. Net proceeds will be used for general corporate purposes and working capital. Morgan Stanley & Co. LLC is lead book-running manager. Barclays Capital Inc., Goldman, Sachs & Co., and RS Platou Markets AS are joint book-running managers. DNB Markets and Scotiabank/Howard Weil are co-managers.