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DOF seals debt restructuring deal

Oslo-listed OSV operator DOF and its subsidiary DOF Subsea have entered into an agreement with a larger number of creditors as well as certain other stakeholders for a major financial restructuring. The deal will, among other things, see debt of NOK5.7bn ($582m) converted into shares. The DOF companies have around NOK18.7bn in debt today, which …

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Oslo-listed OSV operator DOF and its subsidiary DOF Subsea have entered into an agreement with a larger number of creditors as well as certain other stakeholders for a major financial restructuring. The deal will, among other things, see debt of NOK5.7bn ($582m) converted into shares. The DOF companies have around NOK18.7bn in debt today, which …

[post_title] => DOF seals debt restructuring deal [post_excerpt] => Oslo-listed OSV operator DOF and its subsidiary DOF Subsea have entered into an agreement with a larger number of creditors as well as certain other stakeholders for a major financial restructuring. The deal will, among other things, see debt of NOK5.7... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => dof-seals-debt-restructuring-deal [to_ping] => [pinged] => [post_modified] => 2022-06-22 02:40:00 [post_modified_gmt] => 2022-06-22 02:40:00 [post_content_filtered] => [post_parent] => 0 [guid] => https://splash247.com/?p=168236 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )