Seadrill New Finance Limited (the “Issuer”) – Successful Completion of Consent Solicitation
Hamilton, Bermuda | July 12, 2021 - Seadrill Limited (“Seadrill” or the “Company”) (OSE: SDRL, OTCPK:SDRLF) and the Issuer announce, further to the announcement made by Seadrill and the Issuer on July 2, 2021, the successful completion of the consent solicitation process (the “Consent Solicitation”) to amend certain terms of the indenture (the “Indenture”), dated as of July 2, 2018, and as amended and supplemented by that certain first supplemental indenture dated as of March 11, 2019, related to the Issuer’s outstanding 12.0% Senior Secured Notes due 2025 (the “Notes”). The Consent