Seadrill postpones restructuring hearing [Seeking Alpha]
Seadrill Limited Common Shares (SDRL)
Last seadrill limited common shares earnings: 8/25 04:01 pm
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Source: Seeking Alpha
Seadrill postpones restructuring hearingOnce the largest drilling rig operator by market value, Seadrill (NYSE:SDRL) has againpostponed an initial hearing on its restructuring plan, this time by six days to Feb. 7.A U.S. bankruptcy court in Texas had been scheduled to hold a preliminary hearing on Jan. 10, but it was initially postponed to Feb. 1 after bondholders posted a near $100M cash deposit to back their plan.Click to subscribe to real-time analytics on SDRLNow read:Seadrill: Discussing The Latest Monthly Report »
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