Diamond Offshore Closes $250 Million Senior Note Offering

Diamond Offshore Drilling, Inc. (NYSE: DO) has completed the offering of $250 million principal amount of the Company's 4.875% senior unsecured notes due July 1, 2015. The transaction resulted in net proceeds to Diamond Offshore of approximately $247.7 million.

The notes have not been registered under the Securities Act of 1933, as amended, or the securities laws of any other jurisdiction and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements.