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Conyers advised Odfjell Drilling Ltd (the “Company”) on the Bermuda law aspects of its initial public offering (“IPO”) and listing on the Olso Stock Exchange in September 2013. All shares in the IPO were offered by the selling shareholder, BCB Paragon Trust.
The joint global coordinators and joint bookrunners were ABG Sundal Collier, DNB Markets and Goldman Sachs International, with Arctic Securities, Danske Bank Markets and Swedbank First Securities as co-lead managers.
Odfjell Drilling Ltd is an integrated drilling, engineering and well service provider with more than 40 years of experience focusing on the offshore harsh environment and deepwater markets.
Guy Cooper, Marcello Ausenda and David Cooke from Conyers’ Bermuda office acted for the Company, working alongside Thommessen and Linklaters LLP. Jason Piney, also from Conyers’ Bermuda office, acted for the selling shareholder.