Diamond Offshore Drilling, Inc. · Bankruptcy · 2020
7.875% Senior Notes due 2025
Diamond Offshore Drilling, Inc. · CUSIP 25271CAP7. 8 verified questions on this obligation.
Verified outcome
Basis. All 7 checks pass on the record: the issuer is the Reference Entity, the instrument meets the Maximum Maturity, Specified Currency, Not Subordinated, Not Bearer and Transferable characteristics, and it is Not Contingent.
Source clauses
Ninth Supplemental Indenture of 2017-08-15
- Currency
- USD
- Final maturity
- 2025-08-15
- Seniority
- Senior
- Governing law
- Not recorded
- Form
- Registered
- Transferable
- Yes (no contractual transfer restriction)
- Coupon
- 7.875%
Questions and verified answers
- #1 Is the instrument a Deliverable Obligation for this credit event, on 7 checks: the issuer is the Reference Entity; the Maximum Maturity (30 years), Specified Currency, Not Subordinated, Not Bearer and Transferable characteristics; and Not Contingent?Eligible
Ninth Supplemental Indenture of 2017-08-15
- #2 Does the instrument meet the Maximum Maturity characteristic (30 years)?Yes
Ninth Supplemental Indenture of 2017-08-15
- #3 Does the instrument meet the Specified Currency characteristic (USD, EUR, JPY, GBP, CHF, CAD)?Yes
Ninth Supplemental Indenture of 2017-08-15
- #4 Does the instrument meet the Not Subordinated characteristic?Yes
Ninth Supplemental Indenture of 2017-08-15
- #5 Does the instrument meet the Not Bearer characteristic?Yes
Ninth Supplemental Indenture of 2017-08-15
- #6 Is the instrument Not Contingent (principal not reducible for a reason other than payment)?YesNone: no clause making principal contingent was found.
- #7 Does the instrument meet the Transferable characteristic?YesNone: no clause restricting transfer was found.
- #8 Is the issuer of the instrument the Reference Entity?Yes
Ninth Supplemental Indenture of 2017-08-15
Documents
Terms come from these documents. Fields the record omits show as not stated.
- DOC-1 Diamond Offshore 8-K filed 2020-04-27, Item 1.03 Bankruptcy, petition 2020-04-26excerpts
- DOC-2 Ninth Supplemental Indenture dated August 15, 2017, 7.875% Senior Notes due 2025 (EX-4.2)excerpts
Mastermind
Analyse your own bond like this
Mastermind tests each Deliverable Obligation characteristic against your own bond's documents, with the clause behind every result: useful before a credit story breaks, and the moment it does.
Private analysis requires Mastermind Pro ($499 / month); the price is shown before any checkout.