Seadrill Limited announces that Seadrill New Finance Limited (the “Issuer”), a subsidiary of the Company, has agreed to extend the existing forbearance agreement announced on 11 February 2021 with respect to the 12.0% senior secured notes due 2025 (the “Notes”) with certain holders of the Notes (the “Note Holders”). Pursuant to the forbearance agreement, as …
The post Seadrill New Finance Limited Announces Extension of Forbearance Agreement first appeared on Hellenic Shipping News Worldwide.