Obligation OceanTransit Inc. 6% ( US893830AS85 ) en USD

Société émettrice OceanTransit Inc.
Prix sur le marché 100 %  ⇌ 
Pays  Suisse
Code ISIN  US893830AS85 ( en USD )
Coupon 6% par an ( paiement semestriel )
Echéance 15/03/2018 - Obligation échue



Prospectus brochure de l'obligation Transocean Ltd US893830AS85 en USD 6%, échue


Montant Minimal 1 000 USD
Montant de l'émission 1 000 000 000 USD
Cusip 893830AS8
Notation Standard & Poor's ( S&P ) B ( Très spéculatif )
Notation Moody's Caa1 ( Risque élevé )
Description détaillée Transocean Ltd. est une société internationale de forage offshore fournissant des services d'ingénierie et d'exploitation de plates-formes de forage à l'industrie pétrolière et gazière mondiale.

L'Obligation émise par OceanTransit Inc. ( Suisse ) , en USD, avec le code ISIN US893830AS85, paye un coupon de 6% par an.
Le paiement des coupons est semestriel et la maturité de l'Obligation est le 15/03/2018

L'Obligation émise par OceanTransit Inc. ( Suisse ) , en USD, avec le code ISIN US893830AS85, a été notée Caa1 ( Risque élevé ) par l'agence de notation Moody's.

L'Obligation émise par OceanTransit Inc. ( Suisse ) , en USD, avec le code ISIN US893830AS85, a été notée B ( Très spéculatif ) par l'agence de notation Standard & Poor's ( S&P ).







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424B5 1 a2181455z424b5.htm 424B5
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TABLE OF CONTENTS
TABLE OF CONTENTS
Filed Pursuant to Rule 424(b)(5)
Registration No. 333-147785
CALCULATION OF REGISTRATION FEE
Maximum
Title of Each Class of
Amount to
Registration
Offering
Securities to Be Registered

be Registered

Fee

Price

5.25% Senior Notes due 2013
$
500,000,000
99.868 %
$
15,350(1)
6.00% Senior Notes due 2018
$ 1,000,000,000
99.663 %
$
30,700(1)
6.80% Senior Notes due 2038
$ 1,000,000,000
99.874 %
$
30,700(1)
Total
$ 2,500,000,000


$
76,750
(1)
Such fee was paid by the Registrant by wire transfer on December 5, 2007.
Prospectus Supplement to Prospectus dated December 3, 2007.

$ 500,000,000 5.25% Senior Notes due 2013
$1,000,000,000 6.00% Senior Notes due 2018
$1,000,000,000 6.80% Senior Notes due 2038
We will pay interest on the senior notes semi-annually on March 15 and September 15 of each year,
beginning March 15, 2008. The notes are unsecured and will rank equally with all of our existing and future
unsecured and unsubordinated debt. The notes will be issued only in denominations of $1,000 and whole
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multiples of $1,000.
We may redeem all or part of any series of the senior notes at any time prior to maturity at a price equal to
100% of the principal amount of the notes being redeemed plus accrued and unpaid interest and a "make-whole
premium," as described under "Description of Notes -- Optional Redemption."
See "Risk Factors" beginning on page S-22 of this prospectus supplement and on page 3 of the
accompanying prospectus to read about factors you should consider before buying the notes.
Neither the Securities and Exchange Commission nor any other regulatory body has approved or
disapproved of these securities or passed upon the accuracy or adequacy of this prospectus supplement or
the accompanying prospectus. Any representation to the contrary is a criminal offense.



Underwriting Discount
Proceeds, before


Public Offering Price

expenses, to us


Per

Per Note
Total

Note
Total
Per Note
Total






5.25% senior
notes due 2013

99.868% $
499,340,000
0.600% $
3,000,000
99.268% $
496,340,000
6.00% senior
notes due 2018

99.663% $
996,630,000
0.650% $
6,500,000
99.013% $
990,130,000
6.80% senior
notes due 2038

99.874% $
998,740,000
0.875% $
8,750,000
98.999% $
989,990,000
Total

$
2,494,710,000
$
18,250,000
$
2,476,460,000
The initial public offering price set forth above does not include accrued interest, if any. Interest on the
notes will accrue from December 11, 2007 and must be paid by the purchasers if the notes are delivered after
December 11, 2007.
The underwriters expect to deliver the notes through the facilities of The Depository Trust Company against
payment in New York, New York on December 11, 2007.
Joint Bookrunning Managers
Goldman, Sachs & Co.

Lehman Brothers
Citi (2013 Notes)
JPMorgan (2018 & 2038 Notes)
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Joint Lead Managers

Mitsubishi UFJ Securities (2013 Notes & 2038 Notes)

DnB NOR Markets (2013 Notes & 2038 Notes)

Fortis Securities LLC (2018 Notes)

UBS Investment Bank (2018 Notes)
Prospectus Supplement dated December 5, 2007.
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TABLE OF CONTENTS
Prospectus Supplement
Special Note Regarding Forward-Looking Statements
Where You Can Find More Information
Enforceability Of Civil Liabilities Against Foreign Persons
Summary
Risk Factors
Use Of Proceeds
Ratio Of Earnings to Fixed Charges
Capitalization
Description Of Certain Other Indebtedness
Description Of The Notes
Material U.S. Federal Income Tax Considerations
Cayman Islands Tax Consequences
Underwriting
Legal Matters
Experts
Independent Registered Public Accounting Firm
Prospectus
About This Prospectus
Forward-Looking Information
About Transocean Inc.
Where You Can Find More Information
Risk Factors
Use Of Proceeds
Ratio Of Earnings To Fixed Charges
Description Of Debt Securities
Description Of Share Capital
Description Of Ordinary Shares
Description Of Preference Shares
Description Of Warrants
Anti-Takeover Provisions
Plan Of Distribution
Legal Matters
Experts
Independent Registered Public Accounting Firm
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No dealer, salesperson or other person is authorized to give any information or to represent anything not
contained in this prospectus. You must not rely on any unauthorized information or representations. This
prospectus is an offer to sell only the notes offered hereby, but only under circumstances and in jurisdictions
where it is lawful to do so. The information contained or incorporated by reference in this prospectus supplement
and the accompanying prospectus is current only as of its date.
This document is in two parts. The first part is the prospectus supplement, which describes the specific
terms of the notes we are offering and certain other matters relating to our business. The second part, the
accompanying prospectus, gives more general information, some of which does not apply to this series of notes
we are offering. If the description of the notes varies between this prospectus supplement and the accompanying
prospectus, you should rely on the information in this prospectus supplement.
S-2
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SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS
This prospectus supplement and the documents incorporated by reference in the accompanying prospectus
contain both historical and forward-looking statements. All statements other than statements of historical fact are,
or may be deemed to be, forward-looking statements within the meaning of Section 27A of the Securities Act of
1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements include, but are not
limited to, statements about the following subjects:
·
contract commencements,
·
contract option exercises,
·
revenues,
·
expenses,
·
results of operations,
·
commodity prices,
·
customer drilling programs,
·
supply and demand,
·
utilization rates,
·
dayrates,
·
contract backlog,
·
effects and results of the recent GlobalSantaFe merger, reclassification and related transactions,
·
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regulatory approvals from the Office of Fair Trading for the United Kingdom and disposal of two
GlobalSantaFe floaters working in the U.K. sector of the North Sea,
·
planned shipyard projects and rig mobilizations and their effects,
·
newbuild projects and opportunities,
·
upgrade projects,
·
contract awards,
·
newbuild delivery dates,
·
expected downtime,
·
insurance proceeds,
·
cash investments of our wholly-owned captive insurance company,
·
future activity in the deepwater, mid-water and the jackup market sectors,
·
market outlook for our various geographical operating sectors,
·
capacity constraints for ultra-deepwater rigs and other rig classes,
·
effects of new rigs on the market,
·
income related to and any payments to be received under the TODCO tax sharing agreement,
·
refinancing of the Bridge Loan Facility, including timing and components of the refinancing,
·
uses of excess cash, including debt repayment,
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·
issuance of new debt,
·
debt reduction,
·
planned asset sales,
·
timing of asset sales,
·
proceeds from asset sales,
·
our effective tax rate,
·
changes in tax laws, treaties and regulations,
·
tax assessments,
·
our other expectations with regard to market outlook,
·
operations in international markets,
·
the level of expected capital expenditures,
·
results and effects of legal proceedings and governmental audits and assessments,
·
adequacy of insurance,
S-3
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·
liabilities for tax issues, including those associated with our activities in Brazil, Norway and the
United States,
·
liquidity,
·
cash flow from operations,
·
adequacy of cash flow for our obligations,
·
effects of accounting changes,
·
adoption of accounting policies,
·
pension plan and other postretirement benefit plan contributions,
·
benefit payments, and
·
the timing and cost of completion of capital projects.
Forward-looking statements included or incorporated by reference in this prospectus supplement and
accompanying prospectus are identifiable by use of the following words and other similar expressions, among
others:
·
"anticipate"
·
"believe"
·
"budget"
·
"could"
·
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"estimate"
·
"expect"
·
"forecast"
·
"intend"
·
"may"
·
"might"
·
"plan"
·
"predict"
·
"project"
·
"should"
Such statements are subject to numerous risks, uncertainties and assumptions, including, but not limited to:
·
those described under "Risk Factors" in this prospectus supplement and the accompanying
prospectus and in our Annual Report on Form 10-K for the year ended December 31, 2006, our
Quarterly Reports on Form 10-Q for the quarters ended March 31, 2007, June 30, 2007 and
September 30, 2007,
·
the adequacy of sources of liquidity,
·
effects of the Transactions,
·
failure to complete the concurrent offering of convertible notes,
·
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