SC 13G/A: Transocean Ltd.
Ticker: RIG · Form: SC 13G/A · Filed: Oct 15, 2024 · CIK: 1451505
Sentiment: neutral
Topics: sc-13g-a
AI Summary
SC 13G/A filing by Transocean Ltd..
Risk Assessment
Risk Level: low
Filing Stats: 2,871 words · 11 min read · ~10 pages · Grade level 13.7 · Accepted 2024-10-15 08:33:25
Filing Documents
- sc13g_a.htm (SC 13G/A) — 270KB
- ex99-1.htm (EX-99.1) — 25KB
- 0000950157-24-001407.txt ( ) — 297KB
From the Filing
SC 13G/A 1 sc13g_a.htm AMENDMENT NO. 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 1)* TRANSOCEAN LTD. (Name of Issuer) Shares, USD 0.10 par value (Title of Class of Securities) H8817H100 (CUSIP Number) September 30, 2024 (Date of Event which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: Rule 13d-1(b) Rule 13d-1(c) Rule 13d-1(d) * The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. H8817H100 13G 1 NAMES OF REPORTING PERSONS Hayfin Management Limited 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) (b) 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION Cayman Islands NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5 SOLE VOTING POWER 6 SHARED VOTING POWER 41,544,493 7 SOLE DISPOSITIVE POWER 8 SHARED DISPOSITIVE POWER 41,544,493 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 41,544,493 10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) NOT APPLICABLE 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 4.8% 1 12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) FI 1 The percent ownership is calculated based upon an aggregate of 875,470,199 shares outstanding as of July 24, 2024 as reported in Transocean Ltd.'s Form 10-Q filed with the Securities and Exchange Commission on August 1, 2024. 2 CUSIP No. H8817H100 13G 1 NAMES OF REPORTING PERSONS Hayfin SOF II GP Limited 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) (b) 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION Cayman Islands NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5 SOLE VOTING POWER 6 SHARED VOTING POWER 29,670,756 7 SOLE DISPOSITIVE POWER 8 SHARED DISPOSITIVE POWER 29,670,756 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 29,670,756 10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) NOT APPLICABLE 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 3.4% 2 12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) FI 2 The percent ownership is calculated based upon an aggregate of 875,470,199 shares outstanding as of July 24, 2024 as reported in Transocean Ltd.'s Form 10-Q filed with the Securities and Exchange Commission on August 1, 2024. 3 CUSIP No. H8817H100 13G 1 NAMES OF REPORTING PERSONS Hayfin Special Opportunities Fund II LP 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) (b) 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION Cayman Islands NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5 SOLE VOTING POWER 6 SHARED VOTING POWER 25,968,236 7 SOLE DISPOSITIVE POWER 8 SHARED DISPOSITIVE POWER 25,968,236 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 25,968,236 10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) NOT APPLICABLE 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 3.0% 3 12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) FI 3 The percent ownership is calculated based upon an aggregate of 875,470,199 shares outstanding as of July 24, 2024 as reported in Transocean Ltd.'s Form 10-Q filed with the Securities and Exchange Commission on August 1, 2024. 4 CUSIP No. H8817H100 13G 1 NAMES OF REPORTING PERSONS Hayfin Topaz GP Limited 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) (b) 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION Cayman Islands NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5 SOLE VOTING POWER 6 SHARED VOTING POWER 766,020 7 SOLE DISPOSITIVE POWER 8 SHARED DISPOSITIVE POWER 766,020 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 766,020 10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) NOT APPLICABLE 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) Less than 1% 4 12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) FI 4 The percent ownership is calculated based upon an aggregate of 875,470,199 shares outstanding as of July 24, 2024 as reported in Transocean Ltd.'s Form 10-Q filed with the Securities and Exchange Commission on August 1, 2024. 5 CUSIP No. H8817H100 13G 1 NAMES OF REPORTING PERSONS Hayfin T