Seadrill New Finance Limited (the “Issuer”) – Update on SeaMex restructuring
Hamilton, Bermuda | November 2, 2021- Seadrill Limited (“Seadrill” or the “Company”) (OSE: SDRL, OTCPK:SDRLF) and the Issuer announce, further to the announcements made by Seadrill and the Issuer including on June 18 2021, July 2, 2021, August 31, 2021 and September 2, 2021 (the “Previous Announcements”), completion of the business and asset purchase agreement (“SPA”) which has effected the sale of substantially all of the assets of SeaMex Ltd. (provisional liquidators appointed) (“SeaMex”), including the shares in its subsidiaries (the “SeaMex Subsidiaries”) by the joint provisional