{"filing":{"accession_number":"0001193125-26-290671","cik":"0001737706","ticker":"SDRL","company_name":"SEADRILL Ltd","form":"8-K","filing_date":"2026-06-30","report_date":null,"primary_document":"d106615d8k.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1737706/000119312526290671/d106615d8k.htm"},"events":[{"id":15067,"run_id":13439,"accession_number":"0001193125-26-290671","anchor_item_number":"2.03","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"summary":"Seadrill Finance Limited issued $700 million in aggregate principal amount of 6.750% Senior Notes due 2034 pursuant to an Indenture dated June 30, 2026, and used proceeds to redeem approximately $575 million of 2030 Notes. The company also amended its Senior Secured Revolving Credit Agreement to increase commitments from $225 million to $300 million, effective June 30, 2026.","company_name":"SEADRILL Ltd","ticker":"SDRL","filing_date":"2026-06-30","form":"8-K","submitted_at":null,"items":[{"id":12693,"accession_number":"0001193125-26-290671","item_number":"1.01","item_title":null,"event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.98,"reasoning":"Seadrill Finance Limited issued $700 million in aggregate principal amount of 6.750% Senior Notes due 2034 pursuant to an Indenture dated June 30, 2026. This is a material creation of a direct financial obligation through debt issuance, governed by Item 1.01 (Entry into a Material Definitive Agreement) and Item 2.03 (Creation of a Direct Financial Obligation). The substantial principal amount and multi-year maturity make this clearly material to investors.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-01T02:23:21.498182+00:00","company_name":"","ticker":null,"filing_date":""},{"id":12694,"accession_number":"0001193125-26-290671","item_number":"2.03","item_title":null,"event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.85,"reasoning":"Item 2.03 explicitly addresses \"Creation of a Direct Financial Obligation,\" which is the standard disclosure vehicle for debt issuances, credit facilities, and new financial obligations. The incorporation by reference to Item 1.01 (a business combination or material agreement item) suggests a material transaction creating a direct financial obligation. This is a material event affecting the registrant's capital structure and financial position.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-01T02:23:21.498182+00:00","company_name":"","ticker":null,"filing_date":""},{"id":12695,"accession_number":"0001193125-26-290671","item_number":"8.01","item_title":null,"event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.75,"reasoning":"The filing discloses two material debt-related events: (1) redemption and satisfaction/discharge of approximately $575 million of 2030 Notes using proceeds from a new offering (the \"Notes\"), and (2) amendment of the Senior Secured Revolving Credit Agreement increasing commitments from $225 million to $300 million, effective June 30, 2026. While the primary focus is refinancing existing debt through a new issuance, the creation of new direct financial obligations (the new Notes and expanded credit facility) constitutes debt_issuance activity material to investors assessing the company's capital structure and liquidity.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-01T02:23:21.498182+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":12693,"accession_number":"0001193125-26-290671","item_number":"1.01","item_title":null,"event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.98,"reasoning":"Seadrill Finance Limited issued $700 million in aggregate principal amount of 6.750% Senior Notes due 2034 pursuant to an Indenture dated June 30, 2026. This is a material creation of a direct financial obligation through debt issuance, governed by Item 1.01 (Entry into a Material Definitive Agreement) and Item 2.03 (Creation of a Direct Financial Obligation). The substantial principal amount and multi-year maturity make this clearly material to investors.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-01T02:23:21.498182+00:00","company_name":"SEADRILL Ltd","ticker":"SDRL","filing_date":"2026-06-30"},{"id":12694,"accession_number":"0001193125-26-290671","item_number":"2.03","item_title":null,"event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.85,"reasoning":"Item 2.03 explicitly addresses \"Creation of a Direct Financial Obligation,\" which is the standard disclosure vehicle for debt issuances, credit facilities, and new financial obligations. The incorporation by reference to Item 1.01 (a business combination or material agreement item) suggests a material transaction creating a direct financial obligation. This is a material event affecting the registrant's capital structure and financial position.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-01T02:23:21.498182+00:00","company_name":"SEADRILL Ltd","ticker":"SDRL","filing_date":"2026-06-30"},{"id":12695,"accession_number":"0001193125-26-290671","item_number":"8.01","item_title":null,"event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.75,"reasoning":"The filing discloses two material debt-related events: (1) redemption and satisfaction/discharge of approximately $575 million of 2030 Notes using proceeds from a new offering (the \"Notes\"), and (2) amendment of the Senior Secured Revolving Credit Agreement increasing commitments from $225 million to $300 million, effective June 30, 2026. While the primary focus is refinancing existing debt through a new issuance, the creation of new direct financial obligations (the new Notes and expanded credit facility) constitutes debt_issuance activity material to investors assessing the company's capital structure and liquidity.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-01T02:23:21.498182+00:00","company_name":"SEADRILL Ltd","ticker":"SDRL","filing_date":"2026-06-30"}]}