Deutsche Bank Upgrades ENSCO International Plc (ESV) to Hold
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Ensco Prices Upsized Public Offering of Class A Ordinary Shares
April 15, 2016 9:02 AM EDTLONDON--(BUSINESS WIRE)-- Ensco plc (NYSE: ESV) (Ensco) announced today that it has priced an upsized underwritten public offering of 57,000,000 Class A ordinary shares at $9.25 per share. The 57,000,000 share offering was upsized from the originally proposed 50,000,000 Class A ordinary share offering. Ensco also granted the underwriters a 30-day option to purchase up to 8,550,000 additional Class A ordinary shares. The offering is expected to close on 20 April 2016, subject to customary closing conditions. Ensco expects to use the net proceeds from the offering for general corporate purposes.
Goldman, Sachs & Co., Morgan... More
Ensco Commences Public Offering of Class A Ordinary Shares
April 14, 2016 4:06 PM EDTLONDON--(BUSINESS WIRE)-- Ensco plc (NYSE: ESV) (Ensco) announced today that it has commenced an underwritten public offering of 50,000,000 Class A ordinary shares. Ensco expects to grant the underwriters a 30-day option to purchase up to 7,500,000 additional Class A ordinary shares. Ensco expects to use the net proceeds from the offering for general corporate purposes.
Goldman, Sachs & Co. and Morgan Stanley & Co. LLC are acting as book-running managers for the offering. The offering is being made under an... More
