Overview
CQS Rig Finance invests primarily in debt instruments issued to finance the construction, modification and/or refurbishment of rigs and other infrastructure and/or equipment used for the offshore exploration and production of oil and natural gas.
News
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19 Jun 2014 1 min read
CQS Rig : RIG – interims
CQS Rig has released its interim figures for the half year to 31 March 2014. The net asset value rose marginally from 35.65p to 35.75p (total return, including income of 2.7%). The share price was unchanged. CQS Rig is facing a liquidation vote in the near future.
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20 May 2014 1 min read
CQS Rig : RIG- possible liquidation
CQS Rig has been told by its largest shareholders, CQS (UK) LLP, CQS Asset Management Limited and CQS Cayman LP, that they would support a voluntary liquidation of the company. Together they hold 65.5% of the shares and a liquidation resolution would require 75% of those voting to vote in favour so it seems likely […]
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10 Dec 2013 1 min read
CQS Rig Finance : RIG
Results for the year ended 30 September 2013. RIG’s NAV increased from 34.72p to 35.65p – shareholders total return in NAV terms was 7.2%. The various members of the CQS Group own 68.7% of RIG’s shares between them (CQS Cayman LP made a mandatory offer for RIG’s shares last year). There is a continuation vote […]
