Transocean Ltd. Announces Offering of Notes

STEINHAUSEN, Switzerland, Jan. 08, 2020 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) announced today that Transocean Inc., its wholly-owned subsidiary (collectively with Transocean Ltd., Transocean), has commenced an offering of U.S.$750 million aggregate principal amount of senior unsecured notes due 2027 (the Notes) to eligible purchasers pursuant to Rule 144A/Regulation S. The Notes will be fully and unconditionally guaranteed by Transocean Ltd. and certain of Transocean Inc.s subsidiaries.