June 27, 2018 / 12:29 PM / 19 days ago

BRIEF-Transocean Announces Proposed Private Offering Of $700 Mln Of Secured Notes Due 2024

June 27 (Reuters) - Transocean Ltd:

* TRANSOCEAN ANNOUNCES PROPOSED PRIVATE OFFERING OF U.S. $700 MILLION OF SECURED NOTES DUE 2024

* TRANSOCEAN LTD - PROCEEDS FROM NOTES, TOGETHER WITH CASH ON HAND, WILL BE USED TO REFINANCE EXISTING DEBT SECURED BY SONGA ENCOURAGE AND SONGA ENABLER Source text for Eikon: Further company coverage:

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