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NADL North Atlantic Drilling Ltd. (delisted)

1.12
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
North Atlantic Drilling Ltd. (delisted) NYSE:NADL NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 1.12 0 01:00:00

NADL - Interim funding from Seadrill Limited Extended

15/03/2017 7:00am

GlobeNewswire


Hamilton, Bermuda, March 15, 2017 - North Atlantic Drilling Ltd ('NADL' or 'the Company') announces today that it has extended the $25 million revolving credit facility provided by Seadrill Limited, its majority shareholder, to April 31, 2017. The facility was originally entered into on January 31, 2017 and matured on March 31, 2017. This interim funding arrangement has been put in place while broader restructuring negotiations continue at both companies.
 
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.



This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: North Atlantic Drilling Ltd. via Globenewswire

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