Carnegie acted as joint lead manager in a NOK 260 million commercial paper issue for Songa Offshore ASA. The proceeds of the issue were used to fund the initial downpayment on Songa Offshores’s USD 428.5 million acquisition of the semi-submersible Deepsea Delta from Odjell Drilling. Songa Offshore is an offshore drilling company operating 4 semi-submersible rigs and one drill ship.June, 2008.
Oil & Gas
Commercial paper issue in Songa Offshore (NO) — NOK 260 million
June 2008