New Issue-Diamond Offshore sells $500 mln in 30-yr snr notes

Mon Oct 5, 2009 2:43pm EDT

 Oct 5 (Reuters) - Diamond Offshore Drilling Inc (DO.N) sold
$500 million of senior notes on Monday, said IFR, a Thomson
Reuters service.
 Goldman Sachs and JPMorgan were the joint bookrunning
managers for the sale.
BORROWER: DIAMOND OFFSHORE DRILLING INC
AMT $500 MLN      COUPON 5.70 PCT     MATURITY 10/15/2039
TYPE SNR NOTES    ISS PRICE 99.344    FIRST PAY 4/15/2010
MOODY'S Baa1      YIELD 5.746 PCT     SETTLEMENT 10/8/2009
S&P A-MINUS       SPREAD 175 BPS      PAY FREQ SEMI-ANNUAL
FITCH N/A          MORE THAN TREAS    MAKE-WHOLE CALL 30 BPS

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