Dolphin Drilling ASA

Description

Lenders under the Company's $2 billion secured credit facility holding more than 78% of the principal amount outstanding under such facility have entered into an agreement for the reorganization and recapitalization of the drilling business of the group. The majority lenders include Danske Bank, DNB, SEB and Swedbank, as well as funds advised by Strategic Value Partners LLC and its affiliates.

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Estimated Price
$2,000.0MM
Financing Type
Report Date