Transocean Ltd, founded in 1953 and headquartered in Zug, Switzerland, operates as a leading provider of offshore drilling services for the oil and gas industry. The company specializes in the ownership and operation of mobile offshore drilling units, including drillships, semi-submersibles, and jack-up rigs, catering to both shallow and deepwater exploration and production.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| RIG 11.50% 2027-01-30 USDTransocean Ltd | Switzerland | 2027-01-30 | 11.500 | 26.87 |
| RIG 11.50% 2027-01-30 USDTransocean Ltd | Switzerland | 2027-01-30 | 11.500 | 42.41 |
| RIG 6.80% 2038-03-15 USDTransocean Ltd | Switzerland | 2038-03-15 | 6.800 | 9.11 |
| RIG 7.35% 2041-12-15 USDTransocean Ltd | Switzerland | 2041-12-15 | 7.350 | 9.85 |
| RIG 7.45% 2027-04-15 USDTransocean Ltd | Switzerland | 2027-04-15 | 7.450 | 7.14 |
| RIG 7.50% 2026-01-15 USDTransocean Ltd | Switzerland | 2026-01-15 | 7.500 | — |
| RIG 7.50% 2026-01-15 USDTransocean Ltd | Switzerland | 2026-01-15 | 7.500 | — |
| RIG 7.50% 2031-04-15 USDTransocean Ltd | Switzerland | 2031-04-15 | 7.500 | 9.39 |
| RIG 8.00% 2027-02-01 USDTransocean Ltd | Switzerland | 2027-02-01 | 8.000 | 7.99 |
| RIG 8.00% 2027-02-01 USDTransocean Ltd | Switzerland | 2027-02-01 | 8.000 | 7.99 |
| RIG 8.00% 2027-04-15 USDTransocean Ltd | Switzerland | 2027-04-15 | 8.000 | 7.29 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Transocean has a history of bond issuances dating back to 2001, with notable significant offerings aimed at refinancing debt and funding growth initiatives. In early 2022, the company issued $500 million in senior unsecured notes due 2027, which were well-received, yielding approximately 6.5%—competitive for the sector amid rising interest rates. The company also bolstered its capital structure through a series of private placements, reflecting confidence in its cash flow stability and operational resilience despite market volatility.