Stay updated with breaking news from New Secured Notes. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
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 ...
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 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 head terms of a comprehensive restructuring of its balance sheet. Such a restructuring may involve the use of a court-supervised proc...
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 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 head terms of a comprehensive restructuring of its balance sheet. Such a restructuring may involve the use of a court-supervised process. The Com...
Seadrill announces forbearance agreement 04 Jan 2021 Seadrill 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 head terms of a comprehensive restructuring of its balance sheet. Such a restructuring may involve the use of a court-supervised process. The Company continues to evaluate capital structure proposals from its financial stakeholders; whilst no agreement has ...
HAMILTON, Bermuda, Dec. 31, 2020 /PRNewswire/ -- Seadrill Limited ("Seadrill" or the "Company") (OSE: SDRL) (OTCQX: SDRLF) announces that it has entered into a forbearance agreement with certain