Ensco Prices Upsized Public Offering of Class A Ordinary Shares
April 15 2016 - 9:02AM
Business Wire
Ensco plc (NYSE:ESV) (“Ensco”) announced today that it has
priced an upsized underwritten public offering of 57,000,000 Class
A ordinary shares at $9.25 per share. The 57,000,000 share offering
was upsized from the originally proposed 50,000,000 Class A
ordinary share offering. Ensco also granted the underwriters a
30-day option to purchase up to 8,550,000 additional Class A
ordinary shares. The offering is expected to close on 20 April
2016, subject to customary closing conditions. Ensco expects to use
the net proceeds from the offering for general corporate
purposes.
Goldman, Sachs & Co., Morgan Stanley & Co. LLC, BofA
Merrill Lynch, Citigroup Global Markets Inc., Deutsche Bank
Securities Inc., DNB Markets, Inc., HSBC Securities (USA) Inc. and
Wells Fargo Securities, LLC are acting as book-running managers for
the offering. The offering is being made under an effective shelf
registration statement on Form S-3 (Registration No. 333-201532)
filed by Ensco with the Securities and Exchange Commission (“SEC”)
and only by means of a prospectus supplement and accompanying
prospectus. When available, copies of the prospectus supplement and
the accompanying base prospectus related to the offering may be
obtained for free by visiting EDGAR on the SEC website,
www.sec.gov, or by contacting Goldman, Sachs & Co., Attention:
Prospectus Department, 200 West Street, New York, New York 10282,
or by telephone at (866) 471-2526, facsimile at (212) 902-9316, or
email: prospectus-ny@ny.email.gs.com; and Morgan Stanley & Co.
LLC, Attention: Prospectus Department, 180 Varick Street, 2nd
Floor, New York, New York 10014.
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy, nor shall there be any sale of, or
any solicitation of an offer to buy, these securities in any state
or jurisdiction in which such offer, solicitation or sale would be
unlawful prior to registration or qualification under the
securities laws of any such state or jurisdiction.
Ensco plc (NYSE: ESV) is a global provider of offshore drilling
services to the petroleum industry. Ensco plc is an English limited
company (England No. 7023598) with its registered office and
corporate headquarters located at 6 Chesterfield Gardens, 3rd
Floor, London, United Kingdom W1J 5BQ.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20160415005428/en/
Ensco plcInvestor & Media Contacts:Sean O’Neill,
713-430-4607Vice President - Investor Relations and
CommunicationsorNick Georgas, 713-430-4490Senior Manager - Investor
Relations
Ensco (NYSE:ESV)
Historical Stock Chart
From Mar 2024 to Apr 2024
Ensco (NYSE:ESV)
Historical Stock Chart
From Apr 2023 to Apr 2024