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Transocean looks to raise $400m

Offshore driller Transocean is looking to benefit from a continuous rise in its stock price in the past months by setting up a plan to raise additional cash. The company has recently entered into an equity distribution agreement with Jefferies to sell up to $400m in shares. Transocean said in a filing earlier this week …

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Offshore driller Transocean is looking to benefit from a continuous rise in its stock price in the past months by setting up a plan to raise additional cash. The company has recently entered into an equity distribution agreement with Jefferies to sell up to $400m in shares. Transocean said in a filing earlier this week …

[post_title] => Transocean looks to raise $400m [post_excerpt] => Offshore driller Transocean is looking to benefit from a continuous rise in its stock price in the past months by setting up a plan to raise additional cash. The company has recently entered into an equity distribution agreement with Jefferies to sell ... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => transocean-looks-to-raise-400m [to_ping] => [pinged] => [post_modified] => 2021-06-16 07:24:10 [post_modified_gmt] => 2021-06-16 07:24:10 [post_content_filtered] => [post_parent] => 0 [guid] => https://splash247.com/?p=145139 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )