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Havyard set to breach new covenants

Norwegian shipbuilding group Havyard says that during this quarter it expects to be in breach of new covenants as negotiated with senior lenders and bondholders in July. The company says the breach is mainly due to major losses on two prototype projects at Havyard Ship Technology’s shipyard in Leirvik, which are suffering from delays in […]

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Norwegian shipbuilding group Havyard says that during this quarter it expects to be in breach of new covenants as negotiated with senior lenders and bondholders in July. The company says the breach is mainly due to major losses on two prototype projects at Havyard Ship Technology’s shipyard in Leirvik, which are suffering from delays in […]

[post_title] => Havyard set to breach new covenants [post_excerpt] => Norwegian shipbuilding group Havyard says that during this quarter it expects to be in breach of new covenants as negotiated with senior lenders and bondholders in July. The company says the breach is mainly due to major losses on two prototype project... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => havyard-set-to-breach-new-covenants [to_ping] => [pinged] => [post_modified] => 2019-10-27 20:00:20 [post_modified_gmt] => 2019-10-27 20:00:20 [post_content_filtered] => [post_parent] => 0 [guid] => https://splash247.com/?p=112953 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )