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 …
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...
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[post_modified] => 2022-06-22 02:40:00
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