Seadrill To Defer Debt Payments, Raise $1B Through Ch. 11 - Law360 (...

Seadrill To Defer Debt Payments, Raise $1B Through Ch. 11
Law360 (subscription)
Law360, New York (September 13, 2017, 6:45 PM EDT) -- Distressed offshore oil rig operator Seadrill Ltd. filed for bankruptcy on Tuesday with prenegotiated plans to defer $5.7 billion worth of secured debt payments and speedily emerge from Chapter 11 ...
Seadrill Files Chapter 11 Bankruptcy ProtectionMarineLink
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