TheUS and Oslo-listed company said the five-year unsecured notes are expected tobe issued on 14 September 2012.
Reports say Goldman Sachs is the solebookrunner for the offering, but this has not been confirmed by Seadrill.
The company hassaid that the net proceeds of the offering will go towards repaying existingdebt and to fund growth capital expenditures.
Seadrillsaid the private offering would be open to “qualified institutional buyers”within the US and elsewhere.
Thecompany
