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Wednesday, October 17, 2012

New Issue-Offshore Group unit sells $1.15 bln in notes

Oct 17 (Reuters) - Offshore Group Investment Ltd, the
wholly-owned subsidiary of Vantage Drilling Co, on
Tuesday sold $1.15 billion of senior secured first lien notes in
the 144a private placement market, said IFR, a Thomson Reuters
service.
Citigroup, Jefferies, RBC and Deutsche Bank were the joint
bookrunning managers for the sale.

BORROWER: OFFSHORE GROUP

AMT $1.15 MLN COUPON 7.5 PCT MATURITY 11/01/2019
TYPE SR NTS ISS PRICE 100 FIRST PAY 05/01/2013
MOODY'S B3

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