UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (date of earliest event reported): December 10, 2004
TRANSOCEAN INC.
(Exact name of registrant as specified in its charter)
CAYMAN ISLANDS 333-75899 66-0587307
(State or other jurisdiction of (Commission (I.R.S. Employer
incorporation or organization) File Number) Identification No.)
4 GREENWAY PLAZA
HOUSTON, TEXAS 77046
(Address of principal executive offices and zip code)
Registrant's telephone number, including area code: (713) 232-7500
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act (17 CFR 240.13e-4(c))
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ITEM 8.01. OTHER EVENTS.
On December 10, 2004, Transocean Inc. (the "Company") announced that, on
December 9, 2004, its offer to purchase any and all of its 8.00% Debentures due
April 15, 2027 expired. Pursuant to the offer to purchase, a total of $142.2
million in aggregate principal amount of the Debentures had been tendered for
purchase, representing approximately 71.1% of the aggregate outstanding
principal amount. The Company accepted all tendered Debentures for purchase.
Settlement for the tendered Debentures was made by the Company on December 10,
2004 and was funded from existing cash balances on hand. A copy of the press
release issued by the Company announcing the expiration of the tender offer is
attached as Exhibit 99.1 to this report.
ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.
The following exhibit is furnished pursuant to Item 8.01:
EXHIBIT NUMBER DESCRIPTION
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99.1 Press Release
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
TRANSOCEAN INC.
Date: December 13, 2004 By: /s/ William E. Turcotte
---------------------------------
Name: William E. Turcotte
Title: Associate General Counsel
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INDEX TO EXHIBITS
Exhibit Number Description
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99.1 Press Release
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