Transocean Guardian Ltd

Deals

CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
USD750.0005.5Jan-24Sr. SecuredB1BB--FixedYLD-5.875% a-5.88%-99.00000
Tranche Comments
5.5 yr: First Pay: 2019-01-15; Registration: 144A/Reg S; Comments: Upsized to USD750m from (USD700m) 5.5yr (Jan 2024) NC3 snr sec. 144A/Reg S. GS/Citi/WFS/DnB/MS. Refinance. par +50%, par +25%, par (6 months).Timing: Price Talk: 5.875% area cpn at 99 OID. Call schedule: 7/16/21 through 7/15/22 at 102.938%, 7/16/22 through 7/15/23 at 101.469% (Source: IFR);
Guarantor(s)
Transocean Ltd., Transocean Inc., Transocean Enabler Ltd and Transocean Encourage Ltd
Use of Proceeds
Refinancing

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