SDLP - Seadrill Partners LLC closes the tender rig T15 transaction
May 17 2013 - 6:57AM
SDLP - Seadrill Partners LLC closes the tender rig
T15 transaction
London, United Kingdom, May 17,
2013 - We refer to the press release dated May 7, 2013, which
announced the transaction to acquire the T-15 Tender rig.
Seadrill Partners LLC (NYSE: SDLP) ("Seadrill Partners" or the
"Company") has today completed the previously announced transaction
to acquire the T-15 tender rig from Seadrill Limited
("Seadrill").
The agreed upon acquisition is for a total
purchase 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 purchase price is being financed with vendor
financing provided by Seadrill in the form of a loan in the amount
of approximately US$110 million.
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 Partners LLC via Thomson Reuters ONE
HUG#1702894
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