Transocean Redeems $165 Million in Debt Ahead of Maturity
Transocean redeemed $165 million of 8% Senior Secured Notes due 2028 in full on October 1, 2026. Cash on hand and the associated debt service reserve account funded principal repayment, a call premium and accrued but unpaid interest. The early redemption saves approximately $22 million in interest expense through matur