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SDRL – Seadrill Announces Forbearance Agreements | Hellenic Shipping News Worldwide

Seadrill Limited (“Seadrill” or the “Company”) (OSE:SDRL, OTCQX:SDRLF) announces that it has entered into a forbearance agreement with certain creditors in respect of nine out of the group’s twelve senior secured credit facility agreements. The purpose of the forbearance agreement is to allow the Company and its stakeholders more time to finalise negotiations on the ...
Danske Bank Seadrill Limited Company New Secured New Secured Notes West Hercules West Linus

SDRL - Seadrill Announces Forbearance Agreements

SDRL - Seadrill Announces Forbearance Agreements HAMILTON, Bermuda, Feb. 3, 2021 /PRNewswire/ -- Seadrill Limited ("Seadrill" or the "Company") (OSE:SDRL, OTCQX:SDRLF) announces that it has entered into a forbearance agreement with certain creditors in respect of nine out of the groups twelve senior secured credit facility agreements. The purpose of the forbearance agreement is to allow the Company and its stakeholders more time to finalise negotiations on the head terms of a comprehensive rest...
Iain Cracknell Prnewswire Seadrill Limited Danske Bank Company New Secured New Secured Notes West Hercules

SDRL - Seadrill Announces Forbearance Agreement

Share this article Share this article HAMILTON, Bermuda, Feb. 4, 2021 /PRNewswire/ -- Seadrill Limited ("Seadrill" or the "Company") (OSE:SDRL,OTCQX:SDRLF) announces that it has entered into a forbearance agreement with certain creditors in respect of nine out of the groups twelve senior secured credit facility agreements. The purpose of the forbearance agreement is to allow the Company and its stakeholders more time to finalise negotiations on the head terms of a comprehensive restructuring of...
Prnewswire Seadrill Limited Danske Bank Company New Secured New Secured Notes West Hercules West Linus

Seadrill announces forbearance agreement

Seadrill announces forbearance agreement 04 Jan 2021 Seadrill has entered into a forbearance agreement with certain creditors in respect of nine out of the groups twelve senior secured credit facility agreements. The purpose of the forbearance agreement is to allow the Company and its stakeholders more time to finalise negotiations on the head terms of a comprehensive restructuring of its balance sheet. Such a restructuring may involve the use of a court-supervised process. The Company continue...
Danske Bank Company New Secured New Secured Notes West Hercules West Linus West Taurus

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