Seadrill moves closer to filing for chapter 11 - Splash 247

Seadrill moves closer to filing for chapter 11
Splash 247
John Fredriksen's Seadrill went a step closer to filing for chapter 11 today, moving to ring-fence a subsidiary. The drilling rig outfit, weighed down by debts of more than $10bn, revealed it has completed amendments to three secured credit facilities ...
Seadrill amends trio of credit facilitiesUpstream Online
SDLP - Amendments to Certain Credit Facilities to Insulate Seadrill Partners from Seadrill Limited's RestructuringGlobeNewswire (press release)

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