Pride International Inc. - 2010-09-10

Redeemed outstanding 7 3/8% senior notes due 2014 on Sept. 5. The aggregate principal amount of $500 million was redeemed at a price of 102.458% of the principal amount, plus approximately $5.1 million of accrued interest. The total cash paid was approximately $517.4 million. Pride financed the redemption with proceeds from its recently completed public offering of $1.2 billion aggregate principal amount of senior notes.