Seadrill CEO attends weekly debt meetings with Fredriksen

The CEO of rig company Seadrill, which is at risk of running head first into a debt wall, attends meetings with major investor John Fredriksen every week in order to discuss refinancing, writes Bloomberg.

Executive management along with the board of directors at drilling rig company Seadrill have initiated a procedure that will involve banks, bondholders and shareholders, CEO Per Wulff tells Bloomberg.

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