Seadrill cancels major bond issue

Today John Fredriksen's drilling company Seadrill canceled a planned bond issue worth USD 1 billion due to the day's rate developments, says the company in a statement to the Oslo Stock Exchange.

Seadrill has decided to cancel a major bond issue worth USD 1 billion with a five-year maturation period, to 2019. This happens at the last minute before the issue was set to launch, the John Fredriksen-owned drilling company informs the Oslo Stock Exchange.

Already a subscriber?Log in here

Read the whole article

Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
Must contain at least 6 characters
Must contain at least 2 characters
Must contain at least 2 characters

Get full access for you and your coworkers

Start a free company trial today

Share article

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

Newsletter terms

Front page now

Further reading