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PARATUS SEABRAS UK LIMITED

Company number 11267797

Charge code 1126 7797 0009

Created
20 January 2022
Delivered
31 January 2022
Status
Outstanding
Transaction Filed
Registration of a charge (MR01)

Persons entitled

  • Deutsche Bank Trust Company Americas

Brief description

Pursuant to the new york law governed amended and restated security trust and intercompany subordination agreement dated 20 january 2022 and entered into between seadrill seabras UK limited (as the “chargor”), amongst others, and deutsche bank trust company americas as collateral agent (the “collateral agent”), the chargor grants security over certain of its assets and subordinates its subordinated debt in right and time of payment and exercise of remedies to the secured obligations (as defined therein) in accordance with the terms of the amended and restated security trust and intercompany subordination agreement.. For further information please refer to the amended and restated security trust and intercompany subordination agreement.