The world’s top owner and operator of semi-submersible accommodation vessels, Prosafe has completed a private placement of new shares.
The private placement of minimum $130m and maximum $150m, conducted as an accelerated book-building with preferred allocation for shareholders and bondholders, was fully subscribed.
The new shares will be issued as part of the comprehensive refinancing announced on July 7.
The final amount of new shares to be issued will be determined on the basis of the amount required for the cash-out of bonds under the refinancing.
The new shares will be issued at a subscription price per share of NOK0.25.