Transocean amends exchangeable bond agreements to halt transactions below $2.50/share

Transocean Ltd.

On July 3, 2025, Transocean amended existing 2025 EB agreements effective July 7.
Amendment introduces a $2.50 per share limit price for daily transactions.
Transactions will cease if share price falls below $2.50 for as long as it remains below.
Applies to certain holders of 4.0% Senior Guaranteed Exchangeable Bonds due 2025.

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