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Siem Offshore close to sealing restructuring plan

Norwegian offshore vessel operator Siem Offshore has announced that it has made good progress in its restructuring discussions with both secured lenders in Europe and leading bondholders. The restructuring plan involves conversion of debt to equity and a reduction of future scheduled interest and amortisation payments.  The company expects the restructuring plan to be approved …

WP_Post Object ( [ID] => 237019 [post_author] => 75 [post_date] => 2020-12-29 02:32:50 [post_date_gmt] => 2020-12-29 02:32:50 [post_content] =>

Norwegian offshore vessel operator Siem Offshore has announced that it has made good progress in its restructuring discussions with both secured lenders in Europe and leading bondholders. The restructuring plan involves conversion of debt to equity and a reduction of future scheduled interest and amortisation payments.  The company expects the restructuring plan to be approved …

[post_title] => Siem Offshore close to sealing restructuring plan [post_excerpt] => Norwegian offshore vessel operator Siem Offshore has announced that it has made good progress in its restructuring discussions with both secured lenders in Europe and leading bondholders. The restructuring plan involves conversion of debt to equity and... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => siem-offshore-close-to-sealing-restructuring-plan [to_ping] => [pinged] => [post_modified] => 2020-12-29 02:32:50 [post_modified_gmt] => 2020-12-29 02:32:50 [post_content_filtered] => [post_parent] => 0 [guid] => https://splash247.com/?p=133549 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )