Press Release: Valaris plc Announces Expiration of Joinder Period
Press Release: Valaris plc Announces Expiration of Joinder Period
Press Release: Valaris plc Announces Expiration of Joinder Period
新聞稿：Valaris plc宣佈加入期滿
Valaris plc Announces Expiration of Joinder Period
Valaris plc宣佈加工期屆滿
72% of the Company's Noteholders Have Signed on to Support the Restructuring
72%的公司債券持有人已簽署支持重組
PR Newswire
美通社
LONDON, Sept. 15, 2020
倫敦，9月1日2020年15月
LONDON, Sept. 15, 2020 /PRNewswire/ -- Valaris plc (OTC: VALPQ) ("Valaris" or the "Company") today announced that the joinder period under its Restructuring Support Agreement (the "RSA") and Backstop Commitment Agreement (the "BCA") has expired and that holders of 72% in aggregate principal amount of its senior notes (the "Consenting Noteholders") executed the RSA and BCA prior to expiration.
倫敦，9月1日2020年15日/美通社/--Valaris plc(場外交易代碼：VALPQ)(“Valaris”或“公司”)今天宣佈，其重組支持協議(“RSA”)和後盾承諾協議(“BCA”)項下的合併期限已經結束，持有其優先票據本金總額72%的持有人(“同意票據持有人”)在到期前簽署了RSA和BCA。
The RSA and BCA contemplate, among other items, the full equitization of the Company's pre-petition revolving credit facility and unsecured notes, a fully backstopped rights offering to noteholders for $500 million of new secured notes, the effective cancellation of existing equity interests in the Company in exchange for, in certain circumstances, warrants for post-emergence equity and payment of trade claims in full in cash.
RSA和BCA考慮(除其他事項外)將公司的請願前循環信貸安排和無擔保票據完全等價化，向票據持有人提供5億美元新擔保票據的完全後盾供股，在某些情況下有效取消公司現有股權，以換取出現後股本的認股權證，以及全額現金支付貿易債權。
Kirkland & Ellis LLP and Slaughter and May are serving as legal advisors to Valaris in connection with the restructuring. Lazard Ltd. is serving as Valaris' investment banker and Alvarez & Marsal North America LLC as its restructuring advisor. Kramer Levin Naftalis & Frankel LLP and Akin Gump Strauss Hauer & Feld LLP are serving as legal advisors to the Consenting Noteholders, and Houlihan Lokey Inc. is serving as financial advisor.
Kirkland&Ellis LLP和Slut and May擔任Valaris與重組有關的法律顧問。Lazard Ltd擔任Valaris的投資銀行家，Alvarez&Marsal North America LLC擔任其重組顧問。Kramer Levin Naftalis&Frankel LLP和Akin Gump Strauss Hauer&Feld LLP將擔任同意票據持有人的法律顧問，Houlihan Lokey Inc.將擔任財務顧問。
Court filings and other information related to the Court-supervised proceedings are available at a website administered by the Company's claims agent, Stretto, http://cases.stretto.com/Valaris. Questions should be directed to our dedicated restructuring hotline 855-348-2032 (Toll-Free) or +1 949-266-6309 (International).
法庭文件和其他與法院監督的訴訟程序有關的信息可在該公司索賠代理人斯特雷託管理的網站上查閲，網址是：http://cases.stretto.com/Valaris.。如有疑問，請致電我們專門的重組熱線855-348-2032(免費)或+1 949-266-6309(國際)。
About Valaris plc
關於Valaris公司
Valaris plc (OTC: VALPQ) is the industry leader in offshore drilling services across all water depths and geographies. Operating a high-quality rig fleet of ultra-deepwater drillships, versatile semisubmersibles and modern shallow-water jackups, Valaris has experience operating in nearly every major offshore basin. With an unwavering commitment to safety and operational excellence, and a focus on technology and innovation, Valaris was rated first in total customer satisfaction in the latest independent survey by EnergyPoint Research - the ninth consecutive year that the Company has earned this distinction. Valaris plc is an English limited company (England No. 7023598) with its corporate headquarters located at 110 Cannon Street, London EC4N 6EU. To learn more, visit our website at www.valaris.com.
Valaris plc(場外交易代碼：VALPQ)是覆蓋所有水深和地理位置的近海鑽井服務的行業領先者。Valaris運營着一支高質量的鑽井船隊，包括超深水鑽井船、多功能半潛式鑽井船和現代淺水自升式鑽井平台，幾乎在每個主要的近海盆地都有操作經驗。憑藉對安全和卓越運營的堅定不移的承諾，以及對技術和創新的關注，Valaris在EnergyPoint Research最新的獨立調查中被評為客户總體滿意度第一，這是該公司連續第九年獲得這一殊榮。Valaris plc是一家英國有限公司(英格蘭編號7023598)，總部位於倫敦EC4N6EU坎農街110號。欲瞭解更多信息，請訪問我們的網站：www.valaris.com。
Media Contact
媒體聯繫人
Dana Gorman / Sydney Isaacs
達娜·戈爾曼/悉尼·艾薩克斯
Abernathy MacGregor
阿伯納西·麥格雷戈
+1 212-371-5999
+1 212-371-5999
Investor Contact
投資者聯繫方式
Darin Gibbins
達林·吉賓斯
Vice President -- Investor Relations and Treasurer
副總裁--投資者關係和財務主管
+1 713-979-4623
+1 713-979-4623
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SOURCE Valaris plc
Source Valaris plc
/Web site: http://www.valaris.com
網址：http://www.valaris.com
(END) Dow Jones Newswires
(完)道瓊通訊社
September 15, 2020 09:08 ET (13:08 GMT)
2020年9月15日東部時間09：08(格林尼治標準時間13：08)
譯文內容由第三人軟體翻譯。