{"schema_version":"secwatch.filing_event.v1","accession":"0001451505-23-000114","form_type":"8-K","ticker":"RIG","cik":"0001451505","company_name":"Transocean Ltd.","filed_at":"2023-10-11T23:59:59+00:00","discovered_at":"2026-05-14T18:03:29.113074+00:00","generated_at":"2026-06-10T01:35:58.391863+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Transocean subsidiary issues $325M 8.000% Senior Secured Notes due 2028 secured by Deepwater Aquila","bullets":["Issuer: Transocean Aquila Limited, wholly owned indirect subsidiary of Transocean Ltd.","$325M aggregate principal, 8.000% coupon, maturity 2028; secured by Deepwater Aquila rig and related assets.","Guaranteed jointly by Transocean Ltd., Transocean Inc., and Transocean DWA Limited on a senior basis.","Notes offered under Rule 144A and Regulation S; not registered under the Securities Act."],"urls":{"canonical":"https://secwatch.observer/filing/0001451505-23-000114","json":"https://secwatch.observer/filing/0001451505-23-000114.json","markdown":"https://secwatch.observer/filing/0001451505-23-000114.md","text":"https://secwatch.observer/filing/0001451505-23-000114.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1451505/000145150523000114/0001451505-23-000114-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1451505/000145150523000114/rig-20231011x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T01:35:58.391863+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"28eca8a6b12d1996229d1fb293addd9656e6f145","claim":"Transocean Ltd. incurred senior notes of U.S. $325 million in aggregate principal amount of 8.000% Senior Secured Notes due 2028 at 8.000% maturing due 2028.","evidence_excerpt":"On October 11, 2023, in connection with the closing of the previously announced offering by Transocean Aquila Limited (the “Issuer”), a wholly owned indirect subsidiary of Transocean Ltd. (the “Company”), of U.S. $325 million in aggregate principal amount of 8.000% Senior Secured Notes due 2028 (the “Notes”), the Issuer entered into an indenture (the “Indenture”) with the Company, Transocean Inc. (“TINC”) and Transocean DWA Limited (“TDWA” and, together with TINC and the Company, the “Guarantors”), and Truist Bank, as trustee and collateral agent.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1451505/000145150523000114/0001451505-23-000114-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"U.S. $325 million in aggregate principal amount of 8.000% Senior Secured Notes due 2028"},{"label":"Rate","value":"8.000%"},{"label":"Maturity","value":"due 2028"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"82eaa28b72d804e6c5a77e8c4a46889e3e426e83","claim":"Transocean Ltd. amended senior notes.","evidence_excerpt":"The description above does not purport to be complete and is qualified in its entirety by the Indenture filed herewith as Exhibit 4.1 to this Current Report on Form 8-K.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1451505/000145150523000114/0001451505-23-000114-index.htm","confidence":0.4,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}