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Fredriksen Could Lend Seadrill $1.2 Billion to Restructure Debt, Sources Say

seadrill drillshipBy Mikael Holter and Luca Casiraghi (Bloomberg) — Seadrill Ltd.’s billionaire chairman and largest shareholder, John Fredriksen, is willing to lend the rig company as much as $1.2 billion as part of a potential deal with banks and bondholders to restructure the biggest debt load in the offshore-drilling industry, two people familiar with the matter said. […]

The post Fredriksen Could Lend Seadrill $1.2 Billion to Restructure Debt, Sources Say appeared first on gCaptain.



This post first appeared on GCaptain - Maritime News, please read the originial post: here

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Fredriksen Could Lend Seadrill $1.2 Billion to Restructure Debt, Sources Say

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