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Constellation Oil Services Shareholders to Launch Secondary Share Placement

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-- Certain shareholders of Constellation Oil Services Holding (COSH.OL) are launching a secondary placement of 8.6 million shares, reflecting 10.2% of the company's share capital.

The offering is expected to be priced and allocated on Friday, the offshore oil and gas contract drilling services provider said in a Thursday release.

Moneda Asset Management-managed funds, Lux Oil & Gas International and The Capital Group Cos. engaged Clarksons Securities as global coordinator and joint bookrunner, and ABG Sundal Collier, Arctic Securities, DNB Carnegie and Pareto Securities as joint bookrunners for the potential placement.

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