Seadrill proposes debt write off of $4.8 billion

Seadrill proposes debt write off of $4.8 billion

By Anna Domanska - Apr 06, 2021

Seadrill Ltd., a deepwater drilling contracting company, owned by billionaire John Fredriksen, said it is ready to write off a debt of over $4.8 billion, giving lenders a 99 perce

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