- Contract drilling services company Transocean Ltd. (NYSE:RIG) unit Transocean Inc. has commenced a $1.175B senior secured notes offering due 2030.
- The notes will be guaranteed by the parent company and certain of the unit's subsidiaries that guarantee the existing 7.75% senior secured notes due 2024, 5.875% senior secured notes due 2024, 6.25% senior secured notes due 2024 and 6.125% senior secured notes due 2025.
- Source: Press Release
Transocean unit commences $1.175B senior secured notes offering
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