Seadrill Limited (SDRL) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Seadrill Limited has released Seadrill Mobile Units (Nigeria) Limited from its obligations as a guarantor under a major credit agreement. This move is part of a supplemental indenture related to Seadrill’s 8.375% Senior Secured Second Lien Notes due in 2030. The release signifies a significant financial maneuver within Seadrill’s complex debt structure.
For further insights into SDRL stock, check out TipRanks’ Stock Analysis page.