Correction to Shipping Magnate Calls End to Oil Rout
June 27 2017 - 10:53AM
Dow Jones News
Seadrill Management Ltd., of which shipping magnate John
Fredriksen holds 24%, faces a July 31 deadline to restructure some
$10 billion of debt. "This Shipping Magnate Is Calling a Bottom in
the Oil Rout," at 0520 ET, incorrectly implied Mr. Fredriksen
himself was $10 billion in debt. (06/27/17)
(END) Dow Jones Newswires
June 27, 2017 10:38 ET (14:38 GMT)
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