NADL - Interim funding from Seadrill Limited Extended
(Thomson Reuters ONE) -
Hamilton, Bermuda, March 15, 2017 - North Atlantic Drilling Ltd ('NADL' or 'the
Company') announces today that it has extended the $25 million revolving credit
facility provided by Seadrill Limited, its majority shareholder, to April
31, 2017. The facility was originally entered into on January 31, 2017 and
matured on March 31, 2017. This interim funding arrangement has been put in
place while broader restructuring negotiations continue at both companies.
This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: North Atlantic Drilling Ltd. via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 15.03.2017 - 08:00 Uhr
Sprache: Deutsch
News-ID 530275
Anzahl Zeichen: 1066
contact information:
Town:
Stavanger
Kategorie:
Business News
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