NADL - Interim funding from Seadrill Limited amended
(Thomson Reuters ONE) -
Hamilton, Bermuda, September 8, 2017 - North Atlantic Drilling Ltd ('NADL' or
'the Company') announces today that it has increased the capacity of the
revolving credit facility provided by Seadrill Limited, its majority
shareholder, from $150 million to $200 million.
The facility was originally entered into on January 31, 2017 for $25 million
maturing on March 31, 2017. On April 25, 2017 the facility was amended to mature
on June 30, 2017 and was increased to $50 million. On June 27, 2017 the facility
was amended to mature on July 31, 2017 and was increased to $150 million. On
July 27, 2017 the facility was extended to September 12, 2017.
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: 08.09.2017 - 07:31 Uhr
Sprache: Deutsch
News-ID 559239
Anzahl Zeichen: 1279
contact information:
Town:
Stavanger
Kategorie:
Business News
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