Diamond Offshore Announces $500 Million Private Placement of Senior Secured Second Lien Notes Due 2030

Provided By PR Newswire

Last update: Sep 12, 2023

HOUSTON, Sept. 12, 2023 /PRNewswire/ -- Diamond Offshore Drilling, Inc. (NYSE: DO) announced today that its wholly-owned subsidiaries, Diamond Foreign Asset Company and Diamond Finance, LLC (together, the "Issuers"), intend, subject to market conditions, to offer (the "Offering") for sale to eligible purchasers in a private placement under Rule 144A and Regulation S of the Securities Act of 1933, as amended (the "Securities Act"), $500 million in aggregate principal amount of Senior Secured Second Lien Notes due 2030 (the "Notes").