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Transocean Inc. Q2 adjusted earnings of -$0.18 per share

Transocean Inc. Q2 adjusted earnings of -$0.18 per share
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As Big Banks Report, $40 Billion Are on Tap in U.S. Credit


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(Bloomberg) The biggest U.S. banks that borrowed heavily at the end of last quarter are reporting earnings next week and may access the investment-grade market for new capital. Meanwhile, Asurion LLC is expected to wrap up one of the largest dividend-linked debt deals in the leveraged loan market.
Wall Street syndicate desks are projecting as much as $40 billion in high-grade bond sales in the next five trading days, more than double the $16 billion sold week. The big six domestic banks are candidate to sell debt, while Yankee issuers, which accounted for 90% of week’s supply, may also bring more deals. ....

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Sembcorp Marine Enters into Amendment Agreements with Transocean Offshore Deepwater Holdings Limited


Sembcorp Marine Enters into Amendment Agreements with Transocean Offshore Deepwater Holdings Limited
Sembcorp Marine Ltd (the “Company”) wishes to announce that Jurong Shipyard Pte Ltd (“JSPL”), a wholly owned subsidiary of the Company, has entered into Amendment Agreements with Transocean Offshore Deepwater Holdings Limited (“Transocean”) to revise the delivery dates of two ultra-deepwater drillships it has contracted to build for Transocean.
Under the Amendment Agreements which took into due consideration work disruptions arising from the COVID-19 pandemic, the delivery dates of the two vessels have been rescheduled to December 2021 for the first vessel, Deepwater Atlas, and May 2022 for the second vessel, Deepwater Titan. ....

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EARNINGS SUMMARY: Details of Transocean Inc. Q1 Earnings Report


EARNINGS SUMMARY: Details of Transocean Inc. Q1 Earnings Report
BRUSSELS (dpa-AFX) - Below are the earnings highlights for Transocean Inc. (RIG):
-Earnings: -$99 million in Q1 vs. -$392 million in the same period last year.
-EPS: -$0.16 in Q1 vs. -$0.64 in the same period last year.
-Revenue: $653 million in Q1 vs. $759 million in the same period last year.
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