BRIEF-North Atlantic Drilling launches $600 mln bond

OSLO Mon Jan 20, 2014 4:57am EST

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OSLO Jan 20 (Reuters) - North Atlantic Drilling Ltd says: * Announces proposed offering of $600 million of unsecured senior notes due 2019 * Intends to use the net proceeds of this offering for the prepayment of existing indebtedness, including a premium on early settlement, transaction expenses and general corporate purposes.

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