Monthly Archives for April 2021

2021

Q1 – 2021


[14-April-2021] ATLANTICA TENDER DRILLING LTD. (ATDL)-Notice of event of default under Senior Bank Facility and purchase option under the Intercreditor Agreement

Bermuda, 14 April 2021, Reference is made to the press release from 12 April 2021 regarding notice of event of default and cash sweep, please find attached further notice from the Nordic Trustee regarding purchase option under the Intercreditor Agreement. For further information, please contact:Reese McNeelCFOAtlantica Tender Drilling Ltd.+47 415 08 186reese.mcneel@atlanticatd.com NO0010675580


[12-April-2021] ATLANTICA TENDER DRILLING LTD. (ATDL) – Notice of default and cash sweep

Bermuda, 12 April 2021 – Reference is made to the press release from 31 December 2020 regarding suspension of bond coupon payments and payments of interest and amortisation under the senior bank facility effective 31 December 2020. ATDL has been issued with a notice of default under the senior bank facility and a notice of protective cash sweep under the finance documents. The security agent on behalf of the lenders has executed a sweep of funds from ATDL to an Read More