2nd Lien Callable bond issue by Marine Accurate Well ASA (NO) — USD 140 million

Carnegie acted as joint lead manager and book-runner in Marine Accurate Well’s USD 140 million 2nd Lien Callable bond issue. Maracc is a Norwegian company established in 2006 which is majority-owned by the broader Island Offshore Group. The company’s strategy is to combine conventional offshore drilling and heavy-duty well intervention capabilities in order to offer oil companies a time and cost effective way to find and extract oil. March 2013.