Seadrill Partners in 12.9M-unit public offering, shares -3.3% AH

|About: Seadrill Partners, LLC (SDLP)|By:, SA News Editor

Seadrill Partners (SDLP) -3.3% AH after announcing a public offering of 12.9M common units; also, in a private placement, Seadrill (SDRL) will purchase $50M in units at public offering price.

SDLP plans to use the net proceeds to fund its portion of the cash purchase price in connection with its acquisition of two semi-submersible drilling rigs.