Company: RIG
Filing Date: 2025-07-07
Form Type: 8-K
Source: 0001451505-25-000064
Chunk: 0

Company: Transocean Ltd.
Filing Date: 2025-07-07
Form: 8-K
Item: Item 8.01
Chunk 0
---
Item 8.01

Other Events

On July 3, 2025, Transocean International Limited, a wholly owned subsidiary of Transocean Ltd., entered into an amendment to each of the previously announced agreements entered into on June 19, 2025 (the “ Existing 2025 EB Agreements”) with certain holders of its 4.0% Senior Guaranteed Exchangeable Bonds due 2025. The Existing 2025 EB Agreements were amended to, among other things, provide that, beginning on July 7, 2025, the transactions thereunder are subject to a limit price of $2.50 per share (the “ Limit Price”) of Transocean Ltd., $0.10 par value (“ Shares”), whereby the daily transactions will cease in the event that, and for so long as, the trading price of the Shares declines below the Limit Price.

Item 9.01 Financial Statements and Exhibits