Valaris improves liquidity with new loan agreement

Chief executive confident the company will now be able to continue operations uninterrupted as it undergoes financial restructuring

Rig contractor: Valaris has secured a $500 million loan agreement — Rig contractor: Valaris has secured a $500 million loan agreementPhoto: VALARIS

Josh Lewis

Perth

Valaris Tom Burke Financial Corporate Rigs & Vessels

Published 29 September 2020, 04:19Updated 29 September 2020, 04:19