An alternative solution for a financial restructuring of Seadrill could be on the table before long. In any case, two groups of bondholders in the drilling company have signaled that they are open to another approach, reports Norwegian business daily Dagens Næringsliv.
The media has gained access to legal documents from the court in Houston where Seadrill filed for insolvency on Sept.12. There is a three month window where other stakeholders can offer solutions for the company, and now the two groups have signaled that they are willing to do so.
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