SDRL- Seadrill secures a new US$550 million credit facility
(Thomson Reuters ONE) -
Hamilton, Bermuda, October 7, 2011 - Seadrill Limited has successfully secured
commitments from a group of commercial lending institutions and export credit
agencies for a new US$550 million senior secured credit facility. The new
facility has a tenor of five years and a 10 years amortization profile. Interest
on the loan and the set of financial covenant is in line with recent credit
facilities entered into by the Company. The ultra-deepwater semi-submersible rig
West Capricorn, which recently secured a five-year contract with a major oil
company, will be pledged as security.
This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Seadrill Limited via Thomson Reuters ONE
[HUG#1553082]
Unternehmensinformation / Kurzprofil:
Datum: 07.10.2011 - 16:04 Uhr
Sprache: Deutsch
News-ID 73969
Anzahl Zeichen: 1354
contact information:
Town:
Hamilton
Kategorie:
Business News
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"SDRL- Seadrill secures a new US$550 million credit facility"
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