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Diamond Offshore to redeem 5.15%, 4.875% notes via new offerings
By Tali David
Minneapolis, Oct. 31 - Diamond Offshore Drilling, Inc. plans to use the proceeds from two new senior notes offering to redeem its 5.15% senior notes due Sept. 1, 2014 and 4.875% senior notes due July 1, 2015, according to a 424B2 filed with the Securities and Exchange Commission.
Proceeds will also be used for general corporate purposes.
The offshore oil and gas drilling contractor is based in Houston.
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