Transocean Inc. - 2007-12-17
Description
Priced a public offering of US$2 billion of 1.625% series A convertible senior notes due 2037, US$2 billion of 1.5% series B convertible senior notes due 2037 and US$2 billion of 1.5% series C convertible senior notes due 2037 to pay a portion of debt used to acquire GlobalSantaFe Corp. Book-running managers for the various notes are Goldman, Sachs & Co. Lehman Brothers Inc., Citi and Credit Suisse.