BW Offshore Completes Private Placement Of Preference Shares For US$275 Million

Published: Nov 14 2017
Deal Summary

BW Offshore Limited, a provider of floating production services to the oil and gas industry, through its subsidiary BW Catcher Limited, completed the private placement of preference shares, for gross proceeds of US$275 million (MM). The shares were subscribed by ICBC Financial Leasing Co., Ltd.

The company intends to use the proceeds from the placement for general corporate purposes.

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