Bondholders ready with loan for strained Valaris
Strained drilling operator Valaris, which earlier this year was placed under bankruptcy protection in the US, settles a loan agreement with some of its bondholders.
by SØREN PICO
Valaris, which earlier this year entered US Chapter 11 proceedings in order to handle a massive debt, now gets a hand from some of its bondholders in the form of a loan.
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