Norway's Petroleum Geo-Services (PGS) has sold out a share offer worth NOK 1.9bn ($225m) as it seeks to refinance a notes issue.
The over-subscribed private placement will be following be a secondary sale worth $35m, it said.
This aimed at those who did not manage to buy stock in the first offering.
The seismic survey vessel player said shares were placed at NOK 22.50