HAMILTON, Bermuda, March 4, 2014 (GLOBE NEWSWIRE) -- Seadrill Limited ("Seadrill") has settled a Total Return Swap agreement (TRS) expiring on March 4, 2014 with 1,400,000 common shares in Seadrill Limited as underlying security. Seadrill has subsequently entered into a new TRS agreement with exposure to 1,400,000 Seadrill Limited common shares. The expiry date for the new TRS is June 3, 2014 and the reference price is NOK224.7475 per share.
SDRL - Mandatory Notification Of Trade
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts