
Transocean Pontus to Offer $600 Million in Senior Secured Notes
Transocean Ltd. (NYSE:RIG) announced today that Transocean Pontus Limited, a wholly owned indirect subsidiary of Transocean, commenced a private offering of senior secured notes. Transocean Pontus intends to offer U.S. $600 million in aggregate principal amount of senior secured notes due 2025 to eligible purchasers pursuant to Rule 144A/Regulation S. The Notes will be guaranteed by Transocean Ltd., Transocean Inc.


