Pacific Drilling Receives Requisite Consents for Consent Solicitation
October 05 2016 - 5:58PM
Business Wire
Pacific Drilling S.A. (NYSE: PACD) announced today that it has
received valid and unrevoked consents from a majority of holders of
the 7.250% Senior Secured Notes due 2017 (the “Notes”) issued by
its indirect wholly-owned subsidiary, Pacific Drilling V Limited
(the “Company”) in its previously announced consent solicitation.
The Company intends to enter into definitive documentation to
effect the amendment requested in the consent solicitation and to
pay the consent fee to consenting Noteholders as soon as reasonably
practical.
About Pacific Drilling
With its best-in-class drillships and highly experienced team,
Pacific Drilling is committed to becoming the industry’s preferred
ultra-deepwater drilling contractor. Pacific Drilling’s fleet of
seven drillships represents one of the youngest and most
technologically advanced fleets in the world. For more information
about Pacific Drilling, including its current Fleet Status, please
visit www.pacificdrilling.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20161005006507/en/
Pacific DrillingJohn Boots, +352 26 84 57
81Investor@pacificdrilling.com
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