Seadrill Limited (SDRL) Provides Further Information Regarding New Revolving Credit Facility and Certain Other Information Regarding Offering of Senior Secured Second Lien Notes
HAMILTON, Bermuda, July 11, 2023 /PRNewswire/ -- Seadrill Limited ("Seadrill" or the "Company") (NYSE:SDRL) (OSE: SDRL) provides further information regarding the Revolving Credit Facility (as defined herein) and certain other information being delivered to potential investors in connection with the offering of the Notes (as defined herein).Revolving Credit AgreementOn July 11, 2023, Seadrill and its wholly owned subsidiary Seadrill Finance Limited ("Seadrill Finance"), an exempted company limited by shares incorporated under the laws of Bermuda, entered into the Senior Secured Revolving Credit Agreement (the "New Credit Agreement") with certain lenders and issuing banks party thereto, J.P.
