Grand Cayman

Transocean Ltd. Announces Pricing of U.S. $750 Million of Senior Unsecured Notes due 2027

Retrieved on: 
Wednesday, January 8, 2020

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 priced its previously-announced 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.

Key Points: 
  • 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 priced its previously-announced 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.
  • The offering is expected to close on or about January 17, 2020, subject to customary closing conditions.
  • Transocean intends to use the net proceeds from this offering to refinance, repurchase and/or redeem certain of its existing indebtedness in one or more transactions, and/or for general corporate purposes.
  • Forward-looking statements include statements regarding the Transoceans plans to issue the Notes and use the proceeds therefrom.

Transocean Ltd. Announces $352.9 Million in New Rig Contracts, Options Exercised By Customers

Retrieved on: 
Wednesday, January 8, 2020

Transocean owns or has partial ownership interests in, and operates a fleet of 45 mobile offshore drilling units consisting of 28 ultra-deepwater floaters, 14 harsh environment floaters and three midwater floaters.

Key Points: 
  • Transocean owns or has partial ownership interests in, and operates a fleet of 45 mobile offshore drilling units consisting of 28 ultra-deepwater floaters, 14 harsh environment floaters and three midwater floaters.
  • In addition, Transocean is constructing two ultra-deepwater drillships.
  • Investors must rely on their own evaluation of Transocean and its securities, including the merits and risks involved.
  • Nothing contained herein is, or shall be relied on as, a promise or representation as to the future performance of Transocean.

Transocean Ltd. Announces Offering of Notes

Retrieved on: 
Wednesday, January 8, 2020

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.

Key Points: 
  • 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.
  • Transocean intends to use the net proceeds from this offering to refinance, repurchase and/or redeem certain of its existing indebtedness in one or more transactions, and/or for general corporate purposes.
  • Forward-looking statements include statements regarding the Transoceans plans to issue the Notes and use the proceeds therefrom.
  • Factors that may cause actual results to vary include, but are not limited to, risks relating to the closing of Transoceans offering of the Notes, conditions in financial markets, investor response to Transoceans offering of the Notes and the guarantees of the Notes, and other risk factors as detailed from time to time in Transocean Ltd.s reports filed with the U.S. Securities and Exchange Commission.

Opera Limited to present at the 22nd Annual Needham Growth Conference

Retrieved on: 
Monday, January 6, 2020

OSLO, Norway, Jan. 06, 2020 (GLOBE NEWSWIRE) -- Opera Limited (NASDAQ: OPRA), one of the worlds major browser developers and a leading internet consumer brand,announced today that Derrick Nueman, Vice President of Investor Relations, will present and host one on one investor meetings at the 22nd Annual Needham Growth Conference on Wednesday, January 15, 2020 in New York City.

Key Points: 
  • OSLO, Norway, Jan. 06, 2020 (GLOBE NEWSWIRE) -- Opera Limited (NASDAQ: OPRA), one of the worlds major browser developers and a leading internet consumer brand,announced today that Derrick Nueman, Vice President of Investor Relations, will present and host one on one investor meetings at the 22nd Annual Needham Growth Conference on Wednesday, January 15, 2020 in New York City.
  • Opera is a leading global internet brand with an engaged and growing base of over 350 million average monthly active users.
  • Building on over 20 years of innovation, starting with our browser products, we are increasingly leveraging our brand as well as our massive and highly active user base in order to expand our offerings and our business.
  • Today, we offer users across Europe, Africa and Asia a range of products and services that include our PC and mobile browsers as well as our AI-powered news reader Opera News and our app-based microfinance solutions.

Transocean Ltd. Announces Contract Award for Development Driller III

Retrieved on: 
Thursday, December 12, 2019

STEINHAUSEN, Switzerland, Dec. 12, 2019 (GLOBE NEWSWIRE) -- Transocean Ltd.(NYSE: RIG) announced today that the semisubmersible Development Driller III has been awarded a one year contract off the coast of Trinidad and Tobago.

Key Points: 
  • STEINHAUSEN, Switzerland, Dec. 12, 2019 (GLOBE NEWSWIRE) -- Transocean Ltd.(NYSE: RIG) announced today that the semisubmersible Development Driller III has been awarded a one year contract off the coast of Trinidad and Tobago.
  • The contract is expected to commence in the second quarter 2020 and will contribute approximately $91 million dollars of contract backlog, excluding mobilization reimbursement.
  • Transocean is a leading international provider of offshore contract drilling services for oil and gas wells.
  • Nothing contained herein is, or shall be relied on as, a promise or representation as to the future performance of Transocean.

Tian Jin Appointed to Board of Directors of Opera Limited

Retrieved on: 
Tuesday, December 10, 2019

OSLO, Norway, Dec. 10, 2019 (GLOBE NEWSWIRE) -- Opera Limited (Nasdaq: OPRA) (Opera), one of the worlds leading browser providers and an influential player in the field of content platforms, today announced that Tian Jin has joined Opera's Board of Directors.

Key Points: 
  • OSLO, Norway, Dec. 10, 2019 (GLOBE NEWSWIRE) -- Opera Limited (Nasdaq: OPRA) (Opera), one of the worlds leading browser providers and an influential player in the field of content platforms, today announced that Tian Jin has joined Opera's Board of Directors.
  • Tian Jin is an executive of Kunlun Tech (300418:CH), a mobile gaming and Internet company that has a 44% interest in Opera.
  • Tian Jin will serve as a replacement for another Kunlun executive, Han Fang, on the Opera board.
  • Tian Jin joined Kunlun in 2015 where he has served as a Vice General Manager, and Secretary of the Board, as well as a member of the Kunlun board since 2018.

Opera Limited to participate in upcoming investor conferences

Retrieved on: 
Friday, November 29, 2019

OSLO, Norway, Nov. 29, 2019 (GLOBE NEWSWIRE) -- Opera Limited (NASDAQ: OPRA), one of the worlds major browser developers and a leading internet consumer brand,announced today that the Company will participate and host one on one investor meetings at the Wells Fargo TMT Summit, Credit Suisse 23rd Annual Technology Conference, Raymond James Technology Investors Conference and UBS GlobalTMT Conference.

Key Points: 
  • OSLO, Norway, Nov. 29, 2019 (GLOBE NEWSWIRE) -- Opera Limited (NASDAQ: OPRA), one of the worlds major browser developers and a leading internet consumer brand,announced today that the Company will participate and host one on one investor meetings at the Wells Fargo TMT Summit, Credit Suisse 23rd Annual Technology Conference, Raymond James Technology Investors Conference and UBS GlobalTMT Conference.
  • Opera is a leading global internet brand with an engaged and growing base of over 350 million average monthly active users.
  • Building on over 20 years of innovation, starting with our browser products, we are increasingly leveraging our brand as well as our massive and highly active user base in order to expand our offerings and our business.
  • Today, we offer users across Europe, Africa and Asia a range of products and services that include our PC and mobile browsers as well as our AI-powered news reader Opera News and our app-based microfinance solutions.

OPay raises $120 million from investors including Meituan-Dianping, GaoRong Capital, Source Code Capital

Retrieved on: 
Monday, November 18, 2019

Series B investors included Meituan-Dianping,DragonBall Capital (The Investment fund backed by Meituan-Dianping), GaoRong Capital, Source Code Capital, SoftBank Ventures Asia, Bertelsmann Asia Investments (BAI), Redpoint China, IDG Capital, Sequoia Capital China and GSR Ventures.

Key Points: 
  • Series B investors included Meituan-Dianping,DragonBall Capital (The Investment fund backed by Meituan-Dianping), GaoRong Capital, Source Code Capital, SoftBank Ventures Asia, Bertelsmann Asia Investments (BAI), Redpoint China, IDG Capital, Sequoia Capital China and GSR Ventures.
  • OPay is one of the fastest growing companies in Nigeria, providing consumers with a wide range of services including mobile payments and transfers, ridesharing and food delivery.
  • The company plans to use the new capital to further accelerate its expansion across its multiple verticals, as well as entering new African markets.
  • We are excited that GaoRong Capital, SoftBank Ventures Asia, BAI and Redpoint China are coming onboard in this round.

The Future is 2020: The Cayman Islands Announces New Inductees for 20th Annual International Scuba Diving Hall of Fame

Retrieved on: 
Friday, November 15, 2019

GRAND CAYMAN, Cayman Islands, Nov. 15, 2019 /PRNewswire/ --The International Scuba Diving Hall of Fame (ISDHF) and the Cayman Islands Department of Tourism (CIDOT) today announce the four new members who will be inducted into the prestigious 2020 Hall of Fame.

Key Points: 
  • GRAND CAYMAN, Cayman Islands, Nov. 15, 2019 /PRNewswire/ --The International Scuba Diving Hall of Fame (ISDHF) and the Cayman Islands Department of Tourism (CIDOT) today announce the four new members who will be inducted into the prestigious 2020 Hall of Fame.
  • "In honour of the 20th anniversary of The International Scuba Diving Hall of Fame, it makes perfect sense to announce its permanent home at the historic Pedro St. James in Grand Cayman.
  • "For twenty years and beyond, the Cayman Islands continues to highlight the ever-growing achievements of the world's greatest leaders in the international dive industry through the International Scuba Diving Hall of Fame."
  • To learn more about the 2020 ISDHF inductees, please visit the following link: https://www.visitcaymanislands.com/en-us/isdhf/induction-week/new-inductees
    The International Scuba Diving Hall of Fame was founded in 2000 by the Ministry of Tourism of the Cayman Islands.