Replies to post #3530 on Transocean Ltd. (RIG)

[eastunder]

I think its bad but I think they will survive.

I think BK has become a myth and I'm pretty happy about it.

(For now, anyway. I don't do well predicting the future. They can easily screw it up moving forward. ;)

The liquidity, along with todays news, pretty much confirms it, IMHO.

https://finance.yahoo.com/news/transocean-ltd-announces-private-exchange-113100780.html

STEINHAUSEN, Switzerland, Feb. 22, 2021 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) (“Transocean”) announced today that it has executed private exchange agreements relating to the 0.5% Exchangeable Bonds due 2023 (the “Existing Exchangeable Bonds”) issued by Transocean Inc., Transocean’s wholly-owned subsidiary.