SDRL already pointed out in conference call that they are going to adress a plan in the first half of the year to deal with that including NADL. not SDLP.
So for SDRL and NADL holders its looking bad ,dilution on its way.
But for SDLP its a good thing.they are not involved in the rescue. So tey can come out stronger.
SDRL is going to survive but they had to raise cash last year when price was around $10.