SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (date of earliest event reported): February 14, 2002
TRANSOCEAN SEDCO FOREX INC.
(Exact name of registrant as specified in its charter)
CAYMAN ISLANDS 333-75899 66-0582307
(State or other jurisdiction of (Commission (I.R.S. Employer
incorporation or organization) File Number) Identification No.)
4 GREENWAY PLAZA
HOUSTON, TEXAS 77046
(Address of principal executive offices and zip code)
Registrant's telephone number, including area code: (713) 232-7500
N/A
(Former name or former address, if changed since last report)
ITEM 5. OTHER EVENTS.
On February 14, 2002, the Company issued a press release announcing the
expiration of the consent payment deadline with respect to its previously
announced exchange offers for six series of R&B Falcon Corporation notes. The
press release is included as Exhibit 99.1 to this Current Report on Form 8-K and
is incorporated by reference.
The statements made in the press release that are not historical facts
are forward-looking statements. Forward-looking statements made in the press
release include the current expectation of the Company to waive the consent
condition with respect to the exchange offers for each of the six series of R&B
Falcon notes. Such statements are subject to numerous risks, uncertainties and
assumptions, including but not limited to, actions by holders of R&B Falcon
notes, market conditions, oil and gas prices, demand for offshore and U.S.
inland marine rigs, competition and market conditions in the contract drilling
industry, actions of third parties, results of operations and financial
condition of the Company and other factors described above and discussed in the
Company's Form 10-Q for the quarter ended September 30, 2001 and Form 10-K for
the year ended December 31, 2000 and in the Company's other filings with the
SEC, which are available free of charge on the SEC's website at www.sec.gov.
Should one or more of these risks or uncertainties materialize, or should
underlying assumptions prove incorrect, actual results may vary materially from
those indicated. You should not place undue reliance on forward-looking
statements. Each forward-looking statement speaks only as of the date of the
particular statement, and we undertake no obligation to publicly update or
revise any forward-looking statements.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
The following exhibit is filed herewith:
99.1 Press Release dated February 14, 2002.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
TRANSOCEAN SEDCO FOREX INC.
Date: February 14, 2002 By: /s/ GREGORY L. CAUTHEN
-------------------------------------
Gregory L. Cauthen
Vice President, Chief Financial
Officer and Treasurer
INDEX TO EXHIBITS
99.1 Press Release dated February 14, 2002.