Transocean ltd. announces amendments to certain financing documents and internal reorganization transactions to resolve allegations contained in purported notices of default

Steinhausen, switzerland, dec. 01, 2020 (globe newswire) -- transocean ltd. (nyse: rig) announced today that it, transocean inc. (together with transocean ltd., the “company”) and certain of its subsidiaries executed amendments to certain of their financing documents and implemented certain internal reorganization transactions to resolve the allegations contained in the previously disclosed notices of alleged default (the “notices”) with respect to transocean inc.'s 7.25% senior notes due 2025 (the “2025 guaranteed notes”) and 8.00% senior notes due 2027 (the “2027 guaranteed notes”).
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