Nov. 5, 2013
/PRNewswire/ -- Diamond Offshore Drilling, Inc. (NYSE: DO) today announced the completion of the offering of
aggregate principal amount of senior notes consisting of
of 3.45% senior unsecured notes due 2023 and
of 4.875% senior unsecured notes due 2043. The transaction resulted in net proceeds to Diamond Offshore, after deducting underwriting discounts and estimated expenses payable by the Company, of approximately
The offering of the notes was made pursuant to the Company's shelf registration statement on Form S-3 (Registration No. 333-180004) filed with the Securities and Exchange Commission. The offering was underwritten by J.P. Morgan Securities LLC, Wells Fargo Securities, LLC, Citigroup Global Markets Inc., HSBC Securities (
) Inc., and SunTrust Robinson Humphrey, Inc., as Joint Book-Running Managers. A copy of the prospectus supplement and accompanying base prospectus relating to the offering may be obtained by calling J.P. Morgan Securities LLC collect at (212) 834-4533 or Wells Fargo Securities, LLC toll-free at (800) 326-5897.
This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. The offering is being made only through the prospectus supplement and accompanying base prospectus, which is part of an effective shelf registration statement filed with the Securities and Exchange Commission on
March 9, 2012
ABOUT DIAMOND OFFSHORE Diamond Offshore is a leader in offshore drilling, providing contract drilling services to the energy industry around the globe with a total fleet of 45 offshore drilling rigs, including seven rigs under construction. Diamond Offshore's fleet consists of 33 semisubmersibles, three of which are under construction, five dynamically positioned drillships, four of which are under construction, and seven jack-ups. Diamond Offshore is owned 50.4% by Loews Corporation (NYSE: L).