Archer Limited : Debt refinancing completed
Hamilton Bermuda (April 27, 2020) Further to the release issued by Archer Limited (the "Company") on March 13, 2020, the Company is pleased to announce that the amendment agreements in relation to the refinancing of the Company (the “Refinancing”) have been executed and all conditions precedents to the Refinancing have been satisfied. This means that the Refinancing of the Company, as announced on 13 March 2020, has been completed. The new financing agreements secure a robust financial foundation: · Main loan facility extended until 1st October 2023 · Including scheduled