Ensco Prices $1.25-Billion Senior Notes Offering
UK based provider of offshore drilling services, Ensco plc, says that it has priced an underwritten offering of $1.25 billion principal amount of senior unsecured notes consisting of two series as follows:
• $625 million principal amount of 4.50% senior unsecured notes due 2024 priced at 99.864% of par
• $625 million principal amount of 5.75% senior unsecured notes due 2044 priced at 99.560% of par
Citigroup Global Markets Inc., Deutsche Bank Securities Inc., DNB Markets, Inc., Goldman, Sachs & Co., HSBC Securities (USA) Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated and Wells Fargo Securities, LLC are acting as joint book-running managers in connection with the offering.
The final prospectus supplement and related prospectus for this offering may be obtained on the Securities and Exchange Commission’s website at www.sec.gov or from underwriter representatives.