North Atlantic Drilling prices IPO at $9.25, the midpoint of the range

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North Atlantic Drilling, a Seadrill-backed operator of nine offshore drilling rigs, raised $125 million by offering 13.5 million shares at $9.25, within the range of $8.50 to $10.00. North Atlantic Drilling plans to list on the NYSE under the symbol NADL. North Atlantic Drilling initially filed confidentially on October 26, 2012. Morgan Stanley, Barclays, Goldman Sachs and RS Platou Markets acted as joint bookrunners on the deal.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: News Headlines , IPOs

Referenced Stocks: NADL

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