Cases & Deals

Citigroup completes $775 million bond offering and $350 million term loan by Vantage Drilling subsidiary

Client(s) Citigroup Inc.

Jones Day represented Citigroup Inc. in connection with the issuance of $775 million of 7.125% Senior Secured First Lien Notes due 2023 in a Rule 144A and Regulation S offering by Offshore Group Investment Limited, a Cayman Islands exempt company and wholly owned subsidiary of Vantage Drilling Company. Jones Day also advised Citigroup, as administrative agent, in connection with a $350 million senior secured term loan and Citigroup, as dealer manager, in connection with a concurrent tender offer and consent solicitation.