North Atlantic Drilling Ltd. IPO Advisory
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Company |
Symbol |
Price Range |
Issue Price |
Open |
Shares |
Trade Date |
North Atlantic Drilling Ltd. | NADL - |
$8.50-$10.00 (Trades on Norway OTC market NADL) |
$0.00 |
$0.00 | 13.5 million | 1/29/2014 |
Morgan Stanley, Barclays, Goldman Sachs, RS Platou Markets
|
Co-Manager(s): DNB Markets, Scotiabank/Howard Weil |
|
Filing(s): Filed 2012-12-11
|
For IPO Boutique's "scale of 1 to 5" BUY rating on North Atlantic Drilling Ltd., and our comprehensive analysis, click "Buy Market Research".
About North Atlantic Drilling Ltd. (adapted from North Atlantic Drilling Ltd. prospectus):
They are an international offshore drilling company that provides drilling services to the oil and gas industry in the North Atlantic Region.
Our common shares are traded on the Norwegian OTC List, an over-the-counter market that is administered and operated by a subsidiary of the Norwegian Securities Dealers Association, under the symbol “NADL.” On December 30, 2013, the closing price of our common shares was 57.50 Norwegian Kroner (“NOK”) per share, which was equivalent to approximately $9.47 per share based on the Bloomberg Composite Rate of NOK6.07 per $1.00 in effect on that date
This description is adapted from North Atlantic prospectus. This description is not intended to be a recommendation to buy stock from this company. To see the company's full description, view their prospectus.
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