Debt-plagued Seadrill close to final restructuring plan
John Fredriksen's rig company Seadrill will likely soon be able to present a comprehensive rescue plan for the company, which has been under Chapter 11 since September last year.
by OLE ANDERSEN
Banks, creditors and not least bondholders are close to being able to present a financial rehabilitation plan for John Fredriksen-controlled rig unit Seadrill, report media including Bloomberg.
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