ABG Sundal Collier acted as joint bookrunner in connection with the NOK 1,980 million sale of shares in Seadrill Limited by Export Finance Norway

On Wednesday 8 March 2023, Støperigata Holding AS, a company controlled by Export Finance Norway, announced the successful secondary placement of approximately 4.83 million shares in Seadrill Limited (corresponding to 9.6% of the shares outstanding) for a total transaction size of approximately NOK 1,980 million. The transaction was priced at NOK 410.00 per share and corresponds to a 7.9% discount versus the closing price on OSE on 8 March 2023. The placing attracted significant interest from high-quality investors and was multiple times oversubscribed. After the transaction Export Finance Norway hold 4 million shares in Seadrill Limited, equivalent to 8.00% of the company.
ABG Sundal Collier acted as joint bookrunner in the transaction.