Conyers advises Seadrill on pre-arranged chapter 11 restructuring
Conyers Dill & Pearman is advising Bermuda company, Seadrill Limited in connection with its comprehensive restructuring plan, which will raise $1.06bn of new capital, comprised of $860m of secured notes and $200m of equity. Seadrill entered into a restructuring agreement with more than 97 per cent of its secured bank lenders, approximately 40 per cent […]