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Markel Corporation and Markel CATCo Announce Buy-Out Transaction Offering Accelerated Return of Capital to Investors in Markel CATCo Reinsurance Fund Ltd. and CATCo Reinsurance Opportunities Fund Ltd. and Appointment of Joint Provisional Liquidators to Facilitate Implementation insurancenewsnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insurancenewsnet.com Daily Mail and Mail on Sunday newspapers.
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 (“RSA”) with approximately 79 per cent. in value of the holders of the Issuer’s 12.0% senior secured notes due 2025 (the “Notes”) pursuant to which the parties thereto have agreed to the terms of the restructuring. Under the RSA, the parties have also reached agreement on the terms of a restructuring proposal in relation to the business and assets of SeaMex Ltd (in provisional liquidation) (“SeaMex”), a 50/50 joint venture entered into by one of the Issuer’s subsidiaries, S ....
Seadrill New Finance Limited (the Issuer) - Update on Restructuring Discussions and Consent Solicitation Launch finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.
Seadrill New Finance Limited (the "Issuer") - Update on Restructuring Discussions and Consent Solicitation Launch prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
Seadrill New Finance Limited (the "Issuer") - Update on Restructuring Discussions and Proposed Consent Solicitation Launch prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.