Strained Seadrill secures postponement from some of its creditors

John Fredriksen's Seadrill has reached agreement with some of its creditors to postpone payments on debt. But the company has not reached such an agreement with Danske Bank.
Photo: PR/Seadrill
Photo: PR/Seadrill
BY SØREN PICO, SHIPPINGWATCH

Struggling rig operator Seadrill gets a breather from some of its lenders to postpone payments on debt.

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