UUU

TRANSOCEAN 24/29 REGS

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Overview
Analysis

USG90073AL4 analysis



Key facts


Issuer
Transocean, Inc. /Old/
Issue date
Apr 18, 2024
Maturity date
May 15, 2029
Outstanding amount
‪900.00 M‬USD
Face value
1,000.00USD
Minimum denomination
2,000.00USD
Coupon
8.25% (Fixed)
Yield to maturity
8.24%
Transocean, Inc. provides offshore contract drilling services for oil and gas wells. The company also provides integrated services. It operates through two segments, Transocean Drilling and TODCO. The Transocean Drilling segment consists of floaters, jackups and other rigs used in support of offshore drilling activities and offshore support services. The TODCO segment consisted of its interest in TODCO, which conducts jackup, drilling barge, land rig, submersible and other operations in the United States. Transocean, Inc. is based in Houston, Texas.
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