Transocean Ltd. (RIG): Retiring Debt: "Transocean Ltd. (NYSE...

Reply Private New

Next 10 Prev Next

Send PM Follow Ignore

Followers	4
Posts	1233
Boards Moderated	0
Alias Born	03/22/2021

Mother Lode

Re: None

Thursday, 04/11/2024 10:57:38 AM

Thursday, April 11, 2024 10:57:38 AM

Retiring Debt:

"Transocean Ltd. (NYSE: RIG) announced that Transocean Inc., its wholly-owned subsidiary (the “Company” and, together with Transocean Ltd., “Transocean”), has commenced an offer to purchase for cash (collectively, the “Offers” and each, an “Offer”) any and all of its outstanding 11.50% Senior Guaranteed Notes due 2027 (the “2027 Super Priority Guaranteed Notes”) and 7.25% Senior Notes due 2025 (the “2025 Priority Guaranteed Notes,” collectively with the 2027 Super Priority Guaranteed Notes, the “Notes”), in each case, from holders thereof (each, a “Holder” and collectively, the “Holders”). Each of the Notes specified in the table below are referred to as a “series” of Notes. The Offers are being made pursuant to an Offer to Purchase, dated April 11, 2024 (the “Offer to Purchase”)."

https://www.globenewswire.com/news-release/2024/04/11/2861511/0/en/Transocean-Ltd-Announces-Cash-Tender-Offers.html