TRANSOCEAN LTD. (NYSE:RIG) Files An 8-K Other Events
Item 8.01Other Events.
On January 17, 2019, Transocean Ltd. announced amendments (the “Amendments”) with respect to Transocean Inc.’s previously announced (i) tender offers (the “Securities Tender Offers”) to purchase for cash up to U.S. $700 million aggregate purchase price of its 6.500% Senior Notes due 2020, 6.375% Senior Notes due 2021, 3.800% Senior Notes due 2022 and 9.000% Senior Notes due 2023 (collectively, the “Notes”), and (ii) solicitations of consent from holders of certain series of Notes to amend certain provisions of the indenture with respect to the applicable series of Notes (the “Consent Solicitations” and together with the Securities Tender Offers, the “Tender Offers”).
A copy of the press release describing the Amendments is filed herewith as Exhibit 99.1 and is incorporated herein by reference. Other than the terms and conditions amended by the press release, all terms and conditions of the Tender Offers described in the Company’s Offer to Purchase and Consent Solicitation Statement, dated January 3, 2019, and the accompanying Letter of Transmittal and Consent remain unchanged.
Item 9.01Financial Statements and Exhibits.
(d)Exhibits.
|
EXHIBIT NUMBER |
DESCRIPTION |
|
|
99.1 |
— |
Press release issued by Transocean Ltd., dated January 17, 2019. |
Transocean Ltd. Exhibit
EX-99 2 c505-20190117xex99.htm EX-99 20190117_RIG_PR-Tender Offer Update Transocean Ltd. Amends Previously Announced Cash Tender Offers STEINHAUSEN,…
To view the full exhibit click here
About TRANSOCEAN LTD. (NYSE:RIG)
Transocean Ltd. is an international provider of offshore contract drilling services for oil and gas wells. The Company’s primary business is to contract its drilling rigs, related equipment and work crews primarily on a day rate basis to drill oil and gas wells. The Company operates through the contract drilling services segment. The Company specializes in technically demanding regions of the global offshore drilling business with a particular focus on deepwater and harsh environment drilling services. Its mobile offshore drilling fleet consists of floaters and high-specification jackups used in support of offshore drilling activities and offshore support services across the world. The Company owns or has partial ownership interests in and operates over 60 mobile offshore drilling , including approximately 30 ultra‑deepwater floaters, over seven harsh environment floaters, over five deepwater floaters, over 10 midwater floaters and approximately 10 high-specification jackups.
