Firm News

Julie Cohen
Director of Marketing and Communications
212.701.3614
jcohen@cahill.com

Cahill Represents Underwriters in $1.1 Billion Public Offering by Ensco

Date: 03/12/15

Cahill represented Deutsche Bank Securities, Citigroup, HSBC and the other underwriters in connection with Ensco plc’s $1,100,000,000 public offering, comprised of $700,000,000 aggregate principal amount of 5.20% Senior Notes due 2025 and $400,000,000 aggregate principal amount of 5.75% Senior Notes due 2044.  Ensco is a global offshore contract drilling company.  Proceeds from the offering were to be used to fund a tender offer for Ensco’s outstanding 3.25% Senior Notes due 2016 and for general corporate purposes. Cahill also represented Deutsche Bank Securities and Citigroup as dealer managers in connection with the tender offer.

Julie Cohen
Director of Marketing and Communications
212.701.3614
jcohen@cahill.com