Vantage Drilling Co. - 2012-08-14
Description
Has entered into an underwriting agreement with respect to an offering of $50 million aggregate principal amount of its 7.875% senior convertible notes due 2042. The Company expects to use the net proceeds from the cash portion of this offering to fund capital expenditures and working capital needs as well as for general corporate purposes. Lazard Capital Markets LLC acted as the sole underwriter for the cash portion of the offering.