ESV Ensco Plc New

ENSCO PLC (ESV) filed a Form 8K - Entry Into a Definitive Agreement - with the U.S Securities and Exchange Commission on December 15, 2016.

On December 15, 2016, Ensco plc (the "Company") and Pride International, Inc., a wholly owned subsidiary of the Company, entered into the Fourth Amendment (the "Amendment") to its Fourth Amended and Restated Credit Agreement, dated as of May 7, 2013 (as amended, the "Revolving Credit Facility"). The Amendment will, among other things, (i) permit the incurrence of indebtedness in connection with the issuance of $849,500,000 aggregate principal amount of 3.00% Exchangeable Senior Notes due 2024 issued by Ensco Jersey Finance Limited, a wholly owned subsidiary of the Company ("Ensco Jersey"), which notes are guaranteed by the Company, without the utilization of certain debt covenant basket capacity under the Revolving Credit Facility and (ii) provide that the obligations under the Revolving Credit Facility will be fully and unconditionally guaranteed by Ensco Jersey. All other terms of the Revolving Credit Facility remain unchanged.

The full text of this SEC filing can be retrieved at: http://www.sec.gov/Archives/edgar/data/314808/000031480816000436/form8k_item101203and901cre.htm

Any exhibits and associated documents for this SEC filing can be retrieved at: http://www.sec.gov/Archives/edgar/data/314808/000031480816000436/0000314808-16-000436-index.htm

Public companies must file a Form 8-K, or current report, with the SEC generally within four days of any event that could materially affect a company's financial position or the value of its shares.

(END) Dow Jones Newswires

December 16, 2016 16:46 ET (21:46 GMT)

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