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Financials and Investment News in Bermuda

Seadrill New Finance Limited Announces Extension of Forbearance Agreement
3/9/2021 - Seadrill Limited announces that Seadrill New Finance Limited (the “Issuer”), a subsidiary of the Company, has agreed to extend the existing forbearance agreement announced on 11 February 2021, and ext...
Seadrill Announces Extension of Forbearance Agreement
2/23/2021 - Seadrill Limited announces that Seadrill New Finance Limited (the “Issuer”), a subsidiary of the Company, has agreed to extend the existing forbearance agreement announced on 11 February 2021 with res...
Seadrill New Finance Limited Announces Forbearance Agreement
2/11/2021 - Seadrill Limited announces that Seadrill New Finance Limited (the “Issuer”), a subsidiary of the Company incorporated in Bermuda in 2018 and issuer of the 12.0% senior secured notes due 2025 (the “Not...
Seadrill Filed Chapter 11 Cases
2/10/2021 - The Board of Seadrill Limited announces that Chapter 11 cases have been filed in the Southern District of Texas in respect of Seadrill and its consolidated subsidiaries (the "Seadrill Group") with the...
Seadrill Announces Forbearance Agreements
2/3/2021 - Seadrill Limited has entered into a forbearance agreement with certain creditors in respect of nine out of the group's twelve senior secured credit facility agreements.

The purpose of the f...
Archer Announces Q4 2020 Trading Update & 2021 Financial Outlook
1/28/2021 - Archer will host an analyst call where we will share our preliminary financials for Q4 2020 and our outlook for 2021.

Trading update Q4 2020
Based on preliminary unaudited financials,...
Borr Drilling Limited - Increase in Share Capital
1/27/2021 - Reference is made to Borr Drilling Limited's stock exchange releases related to the equity offering of 54,117,647 new depository receipts to be listed on the Oslo Stock Exchange (the "Offer Shares"), ...
Golar LNG Partners LP Cash Distributions
1/27/2021 - Golar LNG Partners LP announced that its board of directors has approved a quarterly cash distribution with respect to the quarter ended December 31, 2020 of $0.0202 per common and general partner uni...
Borr Announces Pricing & Increased Size of Equity Offering
1/22/2021 - Reference is made to Borr Drilling Limited's stock exchange release on 21 January 2021, and the contemplated equity offering of USD 40 million in new depository receipts.

B...
Borr Drilling Announces Contemplated Equity Offering of $40M
1/21/2021 - Borr Drilling Limited announces that in connection with Company’s previously announced liquidity improvement plan, the Company intends to offer up to USD 40 million in new depository receipts (the “Of...
Teekay LNG Partners Declares Common Unit Distribution
1/20/2021 - Teekay GP LLC, the general partner of Teekay LNG Partners L.P. has declared a cash distribution of $0.25 per common unit for the quarter ended December 31, 2020. This corresponds to $1.00 per common u...
Seadrill Announces Forbearance Agreement
12/30/2020 - Seadrill Limited has entered into a forbearance agreement with certain creditors in respect of nine out of the group's twelve senior secured credit facility agreements. ...
Hoegh LNG Provides Mandatory Notification of Trade
12/29/2020 - Hoegh LNG Holdings Ltd. advises that Sveinung J.S. Stohle, President and CEO of Hoegh LNG, purchased 10,000 shares in the Company on 29 December 2020 at an average price of NOK 15.52 per share. Follow...
Teekay LNG Declares Distributions on Series A & B Preferred Units
12/18/2020 - Teekay GP LLC, the general partner of Teekay LNG Partners L.P. (Teekay LNG or the Partnership), has declared cash distributions of $0.5625 per unit on the Partnership’s Series A preferred units (NYSE:...
Seadrill Update and Reduction in Ownership Interest in Four Container Leases
12/18/2020 - SFL Corporation Ltd. has entered into an agreement with Seadrill Limited (“Seadrill”) in respect of funds in certain bank accounts pledged to SFL. Pursuant to the terms of this agreement, Seadrill agr...
AOD Cash Utilisation
12/16/2020 - The Board of Seadrill Limited has been informed that the lenders in the AOD facility (under which Asia Offshore Rig 1 Limited, Asia Offshore Rig 2 Limited and Asia Offshore Rig 3 Limited are borrowers...
Seadrill Announces Expiry of Forbearance Agreements
12/14/2020 - Reference is made to the announcements by Seadrill Limited on 20 November 2020 regarding forbearance agreements entered into by the Company with certain creditors in respect of the group's senior secu...
Golar LNG Successfully Prices Public Offering of its Common Shares
12/3/2020 - Golar LNG Limited announced the pricing of its previously announced underwritten public offering (the “Offering”) of 11,000,000 shares of its common stock, at a public offering price of $8.75 per shar...
Approval of Prospectus and Listing of Bonds
11/24/2020 - Reference is made to the announcement made on 5 October 2020 by Hoegh LNG Holdings Ltd. ("Hoegh LNG") concerning a NOK 320 million tap issue of additional bonds (the "Additional Bonds") made under the...
Teekay Corporation Reports Third Quarter 2020 Results
11/12/2020 - Highlights
• GAAP net loss attributable to shareholders of Teekay of $35.4 million, or $0.35 per share (inclusive of $66.3 million of impairment charges), and adjusted net income attributable ...

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