Cases & Deals

Jefferies acts as initial purchaser in offering by P2021 Rig Co.

Clients Jefferies & Company, Inc.

Jones Day advised Jefferies & Company, Inc. in connection with the issuance of $135 million of 13 1/2% Senior Secured Notes due 2013 in a Rule 144A and Regulation S offering by P2021 Rig Co., a Cayman Islands subsidiary of Vantage Drilling Company, for the purchase and operation of the Panamanian-flagged Topaz Driller jack-up platform for offshore drilling. The Notes are secured by substantially all assets of the issuer, including a mortgage on the Topaz Driller and all shares of stock of the P2021 Rig Co.