Paratus Energy Services Ltd. Commences Consent Solicitation for Convertible Loan Conversion
Paratus Energy Services Ltd. an exempted company limited by shares incorporated under the laws of Bermuda formerly known as Seadrill New Finance Limited (the “Company”) today announced that it has commenced a solicitation of consents (the “Consent Solicitation”) from the holders of its Senior Secured Notes due 2026 (CUSIPs 81173J AC3, G8000A AH6 and 81173J AD1; ISINs US81173JAC36, USG8000AAH61 and US81173JAD19) (the “Notes”) to approve the conversion of a Convertible Loan which requires consent under the Amended and Restated Indenture, dated as of January 20, 2022 (as subsequently amended