News Releases

Baker Botts Represents Transocean Partners LLC in $443 Million Initial Public Offering



HOUSTON, August 6, 2014 -- On August 5, 2014, Transocean Partners LLC (NYSE: RIGP), a Marshall Islands limited liability company formed by Transocean Ltd. (NYSE: RIG), completed its initial public offering of 20,125,000 common units representing limited liability company interests (including 2,625,000 common units sold pursuant to the underwriters’ option to purchase additional units) at $22.00 per unit. All of the common units were sold by Transocean Partners Holdings Limited, a wholly owned subsidiary of Transocean Ltd.

Baker Botts represented Transocean in connection with the IPO.

Baker Botts Lawyers/Office Involved:
Corporate: Gene Oshman (Partner, Houston); Josh Davidson (Partner, Houston); A.J. Ericksen (Partner, Houston); Jonathan Bobinger (Associate, Houston); Nathan Tanner (Associate, Houston); Daniel Gottschalk (Associate, Houston)
Tax: Derek Green (Partner, Houston); Jon Lobb (Associate, Houston)
Finance: Luke Weedon (Partner, Dallas)
Employee Benefits: Gail Stewart (Partner, Houston); Chris Pratt (Special Counsel, Houston)

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About Baker Botts L.L.P.
Baker Botts is an international law firm of approximately 700 lawyers practicing throughout a network of 15 offices around the globe. Based on our experience and knowledge of our clients’ industries, we are recognized as a leading firm in the energy, technology and life sciences sectors. Throughout our 174-year history, we have provided creative and effective legal solutions for our clients while demonstrating an unrelenting commitment to excellence. For more information, please visit