0001193125-13-421030.txt : 20131031 0001193125-13-421030.hdr.sgml : 20131031 20131031164539 ACCESSION NUMBER: 0001193125-13-421030 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20131031 DATE AS OF CHANGE: 20131031 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: DIAMOND OFFSHORE DRILLING INC CENTRAL INDEX KEY: 0000949039 STANDARD INDUSTRIAL CLASSIFICATION: DRILLING OIL & GAS WELLS [1381] IRS NUMBER: 760321760 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-180004 FILM NUMBER: 131183270 BUSINESS ADDRESS: STREET 1: 15415 KATY FREEWAY CITY: HOUSTON STATE: TX ZIP: 77094 BUSINESS PHONE: 7134925300 MAIL ADDRESS: STREET 1: 15415 KATY FREEWAY CITY: HOUSTON STATE: TX ZIP: 77094 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: DIAMOND OFFSHORE DRILLING INC CENTRAL INDEX KEY: 0000949039 STANDARD INDUSTRIAL CLASSIFICATION: DRILLING OIL & GAS WELLS [1381] IRS NUMBER: 760321760 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: 15415 KATY FREEWAY CITY: HOUSTON STATE: TX ZIP: 77094 BUSINESS PHONE: 7134925300 MAIL ADDRESS: STREET 1: 15415 KATY FREEWAY CITY: HOUSTON STATE: TX ZIP: 77094 FWP 1 d614231dfwp.htm FWP FWP

Filed Pursuant to Rule 433

Registration No. 333-180004

October 31, 2013

Supplementing the

Preliminary Prospectus Supplement dated October 31, 2013

To Prospectus dated March 9, 2012

Diamond Offshore Drilling, Inc.

Pricing Term Sheet

3.45% Senior Notes due 2023

 

Issuer:    Diamond Offshore Drilling, Inc.
Size:    $250,000,000
Maturity:    November 1, 2023
Coupon:    3.45%
Price to Public:    99.590%
Yield to Maturity:    3.499%
Spread to Benchmark Treasury:    + 95 basis points
Benchmark Treasury:    2.50% due August 15, 2023
Benchmark Treasury Price / Yield:    99-18+ / 2.549%
Interest Payment Dates:    May 1 and November 1, commencing May 1, 2014
Optional Redemption:   

Make-whole call at any time prior to August 1, 2023 at T + 15 basis points

 

Par call at any time on or after August 1, 2023

Denomination:    $2,000 and integral multiples of $1,000 in excess thereof
Pricing Date:    October 31, 2013
Settlement Date:    T+3; November 5, 2013
CUSIP / ISIN:    25271CAM4 / US25271CAM47
Ratings:* (Moody’s / S&P):    A3 stable / A- stable
Joint Book-Running Managers:   

J.P. Morgan Securities LLC

Wells Fargo Securities, LLC

Citigroup Global Markets Inc.

HSBC Securities (USA) Inc.

SunTrust Robinson Humphrey, Inc.

Co-Managers:   

BNY Mellon Capital Markets, LLC

Goldman, Sachs & Co.

PNC Capital Markets LLC

RBC Capital Markets, LLC

4.875% Senior Notes due 2043

 

Issuer:    Diamond Offshore Drilling, Inc.
Size:    $750,000,000
Maturity:    November 1, 2043
Coupon:    4.875%
Price to Public:    99.844%
Yield to Maturity:    4.885%
Spread to Benchmark Treasury:    + 120 basis points
Benchmark Treasury:    2.875% due May 15, 2043
Benchmark Treasury Price / Yield:    85-16 / 3.685%
Interest Payment Dates:    May 1 and November 1, commencing May 1, 2014
Optional Redemption:   

Make-whole call at any time prior to May 1, 2043 at T + 20 basis points

 

Par call at any time on or after May 1, 2043

Denomination:    $2,000 and integral multiples of $1,000 in excess thereof
Pricing Date:    October 31, 2013
Settlement Date:    T+3; November 5, 2013
CUSIP / ISIN:    25271CAN2 / US25271CAN20
Ratings:* (Moody’s / S&P):    A3 stable / A- stable
Joint Book-Running Managers:   

J.P. Morgan Securities LLC

Wells Fargo Securities, LLC

Citigroup Global Markets Inc.

HSBC Securities (USA) Inc.

SunTrust Robinson Humphrey, Inc.

Co-Managers:   

BNY Mellon Capital Markets, LLC

Goldman, Sachs & Co.

PNC Capital Markets LLC

RBC Capital Markets, LLC

 

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* Note: A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time.

The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling J.P. Morgan Securities LLC collect at 212-834-4533 or Wells Fargo Securities, LLC toll-free at 1-800-326-5897.

Any disclaimer or other notice that may appear below is not applicable to this communication and should be disregarded. Such disclaimer or notice was automatically generated as a result of this communication being sent by Bloomberg or another email system.

 

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