Archer amends covenants in troubled oil sector
Norwegian oilfield services company Archer has amended the terms on a $750m revolving credit facility to allow more financial flexibility, amid severe headwinds for the oil industry.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts