Seadrill pushes restructuring back to 2017
Drilling company Seadrill has secured a new extension of its loan facilities, and the company now expects to put the final touches on a comprehensive restructuring by the end of April next year.
Seadrill, owned by John "Big Wolf" Fredriksen, is in the midst of a comprehensive restructuring process and, with a new agreement to extend the maturation date of its loan facilities, the process is now expected completed by the end of April next year.
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:
Get full access for you and your coworkers
Start a free company trial todayRelated articles
Seadrill in new setback in the second quarter
For subscribers
Seadrill in conflict with Mexican energy company
For subscribers
