Seadrill and equity fund said to pursue debt accord
John Fredriksen's Seadrill is in talks with bondholders about a possible debt-restructuring plan just days before a potential bankruptcy filing, say sources close to the process.
BY LUCA CASIRAGHI & MIKAEL HOLTER, BLOOMBERG NEWS
Seadrill Ltd. Chairman John Fredriksen and Centerbridge Partners are in talks with the offshore driller's bondholders about a debt-restructuring plan, days before a potential bankruptcy-court filing, according to people familiar with the situation.
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