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EXHIBIT (a)(1)(C)
NOTICE OF GUARANTEED DELIVERY
FOR
TENDER OF SHARES OF
13 7/8% SENIOR CUMULATIVE REDEEMABLE PREFERRED STOCK
OF
R&B FALCON CORPORATION
As set forth in the Offer to Purchase (as defined below) under the caption
"The Offer -- 2. Procedure for Tendering Shares," this form or one substantially
equivalent hereto must be used to accept the Offer (as defined below) if
certificates for shares of 13 7/8% Senior Cumulative Redeemable Preferred Stock,
par value $0.01 per share, of R&B Falcon Corporation, a Delaware corporation
(the "Company"), are not immediately available, or if the procedure for
book-entry transfer cannot be completed on a timely basis or time will not
permit all required documents to reach the Depositary at the address set forth
below on or prior to the Expiration Date (as defined in the Offer to Purchase).
This form may be delivered by hand or transmitted by telegram, facsimile
transmission or mail to the Depositary and must include a guarantee by an
Eligible Institution (as defined in the Offer to Purchase). See the information
set forth in the Offer to Purchase under the caption "The Offer -- 2. Procedure
for Tendering Shares."
THE DEPOSITARY FOR THE OFFER IS:
American Stock Transfer & Trust Company
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By Mail: By Facsimile Transmission: By Hand Delivery:
59 Maiden Lane (718) 234-5001 59 Maiden Lane
New York, New York 10038 (for Eligible Institutions only) New York, New York 10038
Attention: Attention:
Reorganization Department For Telephone Assistance: Reorganization Department
(718) 921-8200
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DELIVERY OF THIS INSTRUMENT TO AN ADDRESS OTHER THAN AS SET FORTH ABOVE, OR
TRANSMISSION OF INSTRUCTIONS VIA FACSIMILE TO A NUMBER, OTHER THAN AS SET FORTH
ABOVE, DOES NOT CONSTITUTE A VALID DELIVERY.
THIS FORM IS NOT TO BE USED TO GUARANTEE SIGNATURES. IF A SIGNATURE ON A LETTER
OF TRANSMITTAL IS REQUIRED TO BE GUARANTEED BY AN "ELIGIBLE INSTITUTION" UNDER
THE INSTRUCTIONS THERETO, SUCH SIGNATURE GUARANTEE MUST APPEAR IN THE APPLICABLE
SPACE PROVIDED IN THE SIGNATURE BOX ON THE LETTER OF TRANSMITTAL.
Ladies and Gentlemen:
The undersigned hereby tenders to R&B Falcon Corporation, a Delaware
corporation (the "Purchaser"), upon the terms and subject to the conditions set
forth in the Purchaser's Offer to Purchase dated October 27, 2000 (the "Offer to
Purchase"), and the related Letter of Transmittal (which, together with any
amendments or supplements thereto, collectively constitute the "Offer"), receipt
of which is hereby acknowledged, the number of Shares (as such term is defined
in the Offer to Purchase) set forth below, all pursuant to the guaranteed
delivery procedures set forth in the Offer to Purchase under the caption "The
Offer -- 2. Procedure for Tendering Shares."
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Number of Shares:
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Certificate No.(s) (if available):
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If Share(s) will be tendered by book-entry transfer, check the following box:
[ ] American Stock Transfer & Trust Company
Account Number:
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Dated:
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Name(s) of Record Holder(s):
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(Please Print)
Address(es):
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(Zip Code)
Area Code and Telephone Number(s):
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Signature(s):
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THE GUARANTEE BELOW MUST BE COMPLETED
GUARANTEE
(NOT TO BE USED FOR A SIGNATURE GUARANTEE)
The undersigned, a participant in the Security Transfer Agent's Medallion
Program, the New York Stock Exchange Medallion Signature Guarantee Program or
the Stock Exchange Medallion Program, hereby guarantees to deliver to the
Depositary either the certificates representing the Shares tendered hereby, in
proper form for transfer, or a Book-Entry Confirmation with respect to such
Shares, in any such case together with a properly completed and duly executed
Letter of Transmittal (or facsimile thereof), with any required signature
guarantees, and any other required documents within three trading days (as
defined in the Offer to Purchase) after the date hereof.
The Eligible Institution that completes this form must communicate the
guarantee to the Depositary and must deliver such Letter of Transmittal and
such certificates for Shares, or such Book-Entry Confirmation, to the
Depositary within the time period shown herein. Failure to do so could result
in a financial loss to such Eligible Institution. All capitalized terms used
herein have the meanings set forth in the Offer to Purchase.
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Name of Firm
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Authorized Signature
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Address
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Title
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Name
(Please type or print)
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Area Code and Telephone Number
Dated:
------------------------------------- , 2000
NOTE: DO NOT SEND CERTIFICATES FOR SHARES WITH THIS NOTICE OF GUARANTEED
DELIVERY. CERTIFICATES FOR SHARES SHOULD BE SENT WITH YOUR LETTER OF
TRANSMITTAL.
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