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Seadrill Partners defers interest payments with lenders

Offshore driller Seadrill Partners has announced that it has entered into a 30-day grace period with its lenders to defer around $49m interest payment under its Term Loan B (TLB) due on June 30 to July 30. Seadrill said the agreement provided the company with the flexibility to address its 2020 debt maturities by paying down …

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Offshore driller Seadrill Partners has announced that it has entered into a 30-day grace period with its lenders to defer around $49m interest payment under its Term Loan B (TLB) due on June 30 to July 30. Seadrill said the agreement provided the company with the flexibility to address its 2020 debt maturities by paying down …

[post_title] => Seadrill Partners defers interest payments with lenders [post_excerpt] => Offshore driller Seadrill Partners has announced that it has entered into a 30-day grace period with its lenders to defer around $49m interest payment under its Term Loan B (TLB) due on June 30 to July 30. Seadrill said the agreement provided the compa... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => seadrill-partners-defers-interest-payments-with-lenders [to_ping] => [pinged] => [post_modified] => 2020-07-21 03:30:01 [post_modified_gmt] => 2020-07-21 03:30:01 [post_content_filtered] => [post_parent] => 0 [guid] => https://splash247.com/?p=124286 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )