Transocean raises $410M to pay for drillship construction

Transocean, world’s largest offshore drilling contractor, has closed a private offering $410 million in senior secured notes with an annual rate of 5.52% and maturing in 2022. The Transaction was closed by Transocean Conqueror Limited, a Transocean subsidiary, and the owner of the Deepwater Conqueror drillship delivered in 2016.The Notes, guaranteed by the indirect subsidiary that […]

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