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Siem Offshore set to reach restructuring deal with European creditors

Norwegian OSV operator Siem Offshore has announced that it is in the final stages of negotiations with its European banks and expects to sign a formal term sheet for the restructuring of the group’s credit agreements shortly. In the meantime, the company has been working with key bondholders to secure agreement for a restructuring proposal, and …

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Norwegian OSV operator Siem Offshore has announced that it is in the final stages of negotiations with its European banks and expects to sign a formal term sheet for the restructuring of the group’s credit agreements shortly. In the meantime, the company has been working with key bondholders to secure agreement for a restructuring proposal, and …

[post_title] => Siem Offshore set to reach restructuring deal with European creditors [post_excerpt] => Norwegian OSV operator Siem Offshore has announced that it is in the final stages of negotiations with its European banks and expects to sign a formal term sheet for the restructuring of the group’s credit agreements shortly. In the meantime... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => siem-offshore-set-to-reach-restructuring-deal-with-european-creditors [to_ping] => [pinged] => [post_modified] => 2021-01-22 02:40:16 [post_modified_gmt] => 2021-01-22 02:40:16 [post_content_filtered] => [post_parent] => 0 [guid] => https://splash247.com/?p=134908 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )