Monthly Archives for June 2021

[02-JUNE-2021] ATLANTICA TENDER DRILLING LTD. (ATDL) – Financing Update and Standstill

Bermuda, 02 June 2021 – Reference is made to the financial indebtedness of Atlantica Tender Drilling Ltd. (“ATDL“) consisting of (i) a senior bank facility (the “Senior Bank Facility“) under which a principal amount of USD 53.7 million is outstanding to certain commercial banks (the “Senior Banks“) and (ii) a bond issue under which a principal amount of USD 137.7 million is outstanding (the “Bond Loan“) to certain bondholders (the “Bondholders“). All substantial assets of ATDL are pledged as security Read More