Sept 16 (Reuters) - Transocean Inc on Thursday sold $2
billion of notes in two parts, said IFR, a Thomson Reuters
service.
The notes are guaranteed by Transocean Ltd..
Citigroup, Goldman Sachs and JP Morgan were the joint bookrunning managers for the sale.
BORROWER: TRANSOCEAN INC
TRANCHE 1 AMT $1.1 BLN COUPON 4.95 PCT MATURITY 11/15/2015 TYPE NTS ISS PRICE 99.948 FIRST PAY N/A MOODY'S Baa3 YIELD 4.963 PCT SETTLEMENT 9/21/2010 S&P TRIPLE-B SPREAD 350 BPS PAY FREQ SEMI-ANNUAL FITCH N/A MORE THAN TREAS MAKE-WHOLE CALL 50 BPS
TRANCHE 2 AMT $900 MLN COUPON 6.50 PCT MATURITY 11/15/2020 TYPE NTS ISS PRICE 99.93 FIRST PAY N/A MOODY'S Baa3 YIELD 6.511 PCT SETTLEMENT 9/21/2010 S&P TRIPLE-B SPREAD 375 BPS PAY FREQ SEMI-ANNUAL FITCH N/A MORE THAN TREAS MAKE-WHOLE CALL 50 BPS
Keywords: TRANSOCEAN DEBT/NOTES (New Issue by Thomson Reuters; +1-646-223-6886 e-mail: uscorpbonds@reuters.com) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
The notes are guaranteed by Transocean Ltd..
Citigroup, Goldman Sachs and JP Morgan were the joint bookrunning managers for the sale.
BORROWER: TRANSOCEAN INC
TRANCHE 1 AMT $1.1 BLN COUPON 4.95 PCT MATURITY 11/15/2015 TYPE NTS ISS PRICE 99.948 FIRST PAY N/A MOODY'S Baa3 YIELD 4.963 PCT SETTLEMENT 9/21/2010 S&P TRIPLE-B SPREAD 350 BPS PAY FREQ SEMI-ANNUAL FITCH N/A MORE THAN TREAS MAKE-WHOLE CALL 50 BPS
TRANCHE 2 AMT $900 MLN COUPON 6.50 PCT MATURITY 11/15/2020 TYPE NTS ISS PRICE 99.93 FIRST PAY N/A MOODY'S Baa3 YIELD 6.511 PCT SETTLEMENT 9/21/2010 S&P TRIPLE-B SPREAD 375 BPS PAY FREQ SEMI-ANNUAL FITCH N/A MORE THAN TREAS MAKE-WHOLE CALL 50 BPS
Keywords: TRANSOCEAN DEBT/NOTES (New Issue by Thomson Reuters; +1-646-223-6886 e-mail: uscorpbonds@reuters.com) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.