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Published on 9/24/2014 in the Prospect News Investment Grade Daily.

Ensco eyeing benchmark two-part offering of senior notes Wednesday

By Aleesia Forni

Virginia Beach, Sept. 24 – Ensco plc intends to sell a two-part benchmark offering of senior notes in tranches due 2024 and 2044 on Wednesday, according to a market source and a 424B5 filed with the Securities and Exchange Commission.

The bookrunners are Citigroup Global Markets Inc. and Deutsche Bank Securities Inc.

Proceeds will be used for general corporate purposes.

The oil and gas services company is based in London.


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