Transocean Drilling U.K. Limited - Company Announcement - Extension of Maturity
Transocean Drilling U.K. Limited
The board of directors of Transocean Drilling U.K. Limited (“TDUKL”) has approved: (i) the extension of the Transocean Drilling U.K. Limited USD 1.1 billion promissory note, as amended, with a maturity date of 1 November 2015 (the “Note”) for one additional year (i.e. with a maturity date of 1 November 2016); and (ii) the interest rate of the Note being changed to a per annum fixed rate equal to 2.75%.
All other terms and conditions of the Note remain in accordance with the listing document provided to the Cayman Islands Stock Exchange in October 2006.
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