BRIEF-Pacific Drilling launches consent solicitation

Thu Sep 22, 2016 6:40am EDT
 
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Sept 22 (Reuters) - Pacific Drilling SA

* Pacific drilling launches consent solicitation

* Proposed amendment would enable co to incur additional indebtedness which is secured on assets other than collateral securing notes

* Amendment aligns provision with same provision in indenture governing co's existing 5.375% senior secured notes due 2020

* Launch by unit of a consent solicitation in respect of company's 7.250% senior secured notes due 2017

* Proposed amendment would enable pacd to draw further indebtedness under its revolving credit facility that matures in June 2018 Source text for Eikon: Further company coverage: