New York, October 31, 2013 -- Moody's Investors Service (Moody's) assigned A3 senior unsecured ratings to Diamond Offshore Drilling, Inc's (Diamond) proposed offering of senior unsecured notes. The company expects to use the net proceeds from this offering for general corporate purposes, including the redemption, repurchase, or retirement of Diamond's $250 million senior notes due September 2014 and $250 million senior notes due July 2015.
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