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TRANSOCEAN 24/29 REGS

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Key terms


Outstanding amount
‪900.00 M‬ USD
Face value
1,000.00 USD
Minimum denomination
2,000.00 USD
Coupon
8.25% (Fixed)
Coupon frequency
Semi-annual
Yield to maturity
11.46%
Maturity date
May 15, 2029
Term to maturity
3 years

About TRANSOCEAN 24/29 REGS


Issuer
Transocean, Inc. /Old/
Sector
Industrial Services
Industry
Contract Drilling
Home page
Issue date
Apr 18, 2024
Transocean, Inc. provides offshore contract drilling services for oil and gas wells. The company also provides integrated services. It operates through two segments, Transocean Drilling and TODCO. The Transocean Drilling segment consists of floaters, jackups and other rigs used in support of offshore drilling activities and offshore support services. The TODCO segment consisted of its interest in TODCO, which conducts jackup, drilling barge, land rig, submersible and other operations in the United States. Transocean, Inc. is based in Houston, Texas.

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