Judge Approves $500M Ch. 11 Financing For Valaris

By Rick Archer (September 25, 2020, 9:53 PM EDT) -- A Texas bankruptcy judge on Friday approved Valaris PLC's request to take $500 million in debtor-in-possession financing from a bondholder group, saying objector Citibank and the offshore drilling contractor had spent two days arguing about different issues....

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