| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| USD | 325.000 | 5 | Sep-28 | Sr. Secured | B2 | B | - | Fixed | Tsy | - | 8.00-8.25% | 337 | 8.00% | - | 100.00000 |
Tranche Comments
5 yr: First Pay: 2024-03-31; Redemption: 2025-09-30; Registration: 144A/Reg S; Comments: US$325m (upsized from US$300m) 8.00% cpn 5yr (9/30/28) at 100, yld 8.00%. Spread: T+337bp. MWC T+50bp. Non-callable until 9/30/25 104.00, 9/30/26 102.00, 9/30/27 And thereafter 100.00. Settlement: 10/11/23. CoC: 101%. Reset Date: 2025-09-30;
Guarantor(s)
Transocean Ltd, Transocean Inc, Transocean DWA Ltd