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.
BY JOHANNES HARTKOPF-MIKKELSEN

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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