Transocean Drilling U.K. Limited - Company Announcement - Extension of Maturity

Date28-Oct-2015

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.

The contact individual for the note is Ian Paterson, a director of TDUKL, and his contact information is:

 

Deepwater House    

Kingswells Causeway

Prime Four Business Park

Aberdeen, AB15 8PU

Scotland

 

Telephone: 44 (0) 1224 944 000