Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
Transocean Ltd. incurred senior notes of U.S. $525 million in aggregate principal amount with Truist Bank at 8.375% maturing due 2028.
- Instrument
- senior notes
- Principal
- U.S. $525 million in aggregate principal amount
- Counterparty
- Truist Bank
- Rate
- 8.375%
- Maturity
- due 2028
- Event
- incurrence
Exact text from the filing
with the closing of the previously-announced offering by Transocean Titan Financing Limited (the “Issuer”), a wholly-owned indirect subsidiary of Transocean Ltd., of U.S. $525 million in aggregate principal amount of 8.375% senior secured notes due 2028 (the “Notes”), the Issuer entered into an indenture (the “Indenture”) with Transocean Ltd., Transocean Inc.
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.95
Transocean Ltd. entered into Indenture with Truist Bank valued at U.S. $525 million aggregate principal amount of 8.375% senior secured notes due 2028 (effective 2023-01-17).
- Action
- entry
- Agreement
- notes offering
- Counterparty
- Truist Bank
- Value
- U.S. $525 million aggregate principal amount of 8.375% senior secured notes due 2028
- Effective
- 2023-01-17
Exact text from the filing
On January 17, 2023, in connection with the closing of the previously-announced offering by Transocean Titan Financing Limited (the “Issuer”), a wholly-owned indirect subsidiary of Transocean Ltd., of U.S. $525 million in aggregate principal amount of 8.375% senior secured notes due 2028 (the “Notes”), the Issuer entered into an indenture (the “Indenture”) with Transocean Ltd., Transocean Inc. (“TINC”) and Triton Titan GmbH (collectively, the “Guarantors”) and Truist Bank, as trustee and collateral agent.
View on SEC.gov