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Seadrill New Finance Limited (the "Issuer") – Update on Restructuring Discussions and Proposed Consent Solicitation Launch

Seadrill New Finance Limited (the “Issuer”) – Update on Restructuring Discussions and Proposed Consent Solicitation Launch Seadrill Limited (“Seadrill” or the “Company”) (OSE: SDRL, OTCPK:SDRLF) and the Issuer announce that, further to the announcement made by Seadrill and the Issuer on June 18, 2021, the Issuer and certain of its subsidiaries agreed yesterday key commercial terms for a comprehensive restructuring of the Issuer and entered into a restructuring support agreement (�...
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