Pacific Drilling (PDSA) IPO Trades Slightly Higher
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The IPO for Pacific Drilling S.A. (NYSE: PACD) is open for trading. Shares are trading at $8.43 after pricing 6,000,000 common shares at $8.25 per share.
Morgan Stanley and Deutsche Bank Securities are acting as joint book-running managers for the proposed offering. DnB NOR Markets, Howard Weil Incorporated, Pareto Securities AS and Simmons & Company International are acting as co-managers.
Pacific Drilling is an international ultra-deepwater offshore drilling company. Pacific Drilling’s fleet consists of six ultra-deepwater drillships.
Morgan Stanley and Deutsche Bank Securities are acting as joint book-running managers for the proposed offering. DnB NOR Markets, Howard Weil Incorporated, Pareto Securities AS and Simmons & Company International are acting as co-managers.
Pacific Drilling is an international ultra-deepwater offshore drilling company. Pacific Drilling’s fleet consists of six ultra-deepwater drillships.
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