Seadrill Limited (SDRL) has released an update.
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Seadrill Limited has released Seadrill Mobile Units (Nigeria) Limited from its obligations as a guarantor under a major credit agreement. This move is part of a supplemental indenture related to Seadrill’s 8.375% Senior Secured Second Lien Notes due in 2030. The release signifies a significant financial maneuver within Seadrill’s complex debt structure.
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