Norway's offshore service vessels (OSVs) supplier Solstad Offshore and its creditors have agreed on a draft restructuring plan, which includes

Norwegian OSV operator Solstad Offshore has received approval for its proposed restructuring at an extraordinary general meeting on Tuesday. The approval comes after the company, formed by the

Solstad is a global shipping company. To connect with Solstad Offshore, log in or create an account. Log In. or Successful restructuring on multiple fronts. Solstad Offshore ASA: Restructuring outline.

Solstad Offshore ASA and its subsidiaries have since Q3 2018 worked with their creditors towards a consensual financial restructuring. During the restructuring process, SOFF has had constructive | January 27, 2021 Solstad Offshore ASA (“Solstad”) is pleased to confirm that the large AHTS Normand Ranger has been awarded a contract in Australia for commencement in 2Q 2021. The vessel will mobilise from Norway and will then provide support to a major drilling campaign offshore North Western Australia, securing about 1 year of utilization for the vessel. Solstad Offshore Completes Restructuring as Sector Struggles In the latest move, the shareholders, banks, and creditors of Norway’s Solstad Offshore approved a complex financial restructuring. Norway's offshore service vessels (OSVs) supplier Solstad Offshore and its creditors have agreed on a draft restructuring plan, which includes converting 10 billion crowns ($962.17 million) of debt into equity, the company said on Tuesday.

Solstad gets the last creditors on board restructuring. The last remaining creditors have now approved Norwegian ship operator Solstad Offshore's restructuring. The plan was launched in early May and means that banks will take over a majority of the shares.

In early May the shipping company announced that it had settled a restructuring with a majority of its creditors. Read this article for free Register with your E-mail. Restructuring outline Tue, Mar 31, 2020 21:30 CET Solstad Offshore ASA (the "Company") and its subsidiaries ("SOFF" or the "Group") have since Q3 2018 worked with their creditors towards a consensual financial restructuring. During the restructuring process, SOFF has had constructive discussions with all stakeholders.

Feb 6, 2017 Furthermore, the parties to the Restructuring Agreement, together with Soff Invest AS and Ivan II AS and Tyrholm & Farstad AS, have agreed to

Besides converting Nkr10Bn (US$946M) of debt into equity, Solstad’s restructuring will also require it to sell or scrap 37 older and less sophisticated vessels in its fleet, leaving it with approximately 90 vessels. Reference is made to the stock exchange notice May 29th, 2020 where Solstad Offshore ASA informed that credit committee approvals have been provided by a vast majority of the secured lenders | March 29, 2021 Solstad today has a fleet of 126 vessels, a part of the financial and operational restructuring finalised in October 2020, was also to revitalise the fleet and divest part of the fleet that would form part of the future Solstad. In 2020, about 10 per cent of the company revenues came from offshore wind.

Offshore staff. SKUDENESHAVN, Norway – Solstad Offshore has reached agreement with a majority of its stakeholders on a restructuring of the company.. Key terms include: Around NOK10 billion ($959 million) of debt (secured debt, leasing obligations, bond obligations and others) to be converted to equity. Solstad Offshore, Creditors Agree on Draft Restructuring Plan Tweet Norway's offshore service vessels (OSVs) supplier Solstad Offshore and its creditors have agreed on a draft restructuring plan, which includes converting 10 billion crowns ($962.17 million) of debt into equity, the company said on Tuesday. Reference is made to the stock exchange notice May 29th, 2020 where Solstad Offshore ASA informed that credit committee approvals have been provided by a vast majority of the secured lenders | … Solstad Offshore ASA: Restructuring update. Since March 31[st], 2020 the Company and a majority of its stakeholders have progressed notably in finalising documentation for a binding restructuring in accordance with the Restructuring Outline.
Omxn40 norden

Solstad Offshore levererar tjänster inom offshore- och oljeindustrin. Idag bedriver och förvaltar bolaget över flera fartyg på global nivå. Fartygen består huvudsakligen av ankarhanterings- samt installationsfartyg.

The announcement by Solstad Offshore follows closely upon the US-based OSV owner Hornbeck Offshore’s intention to file a pre-packaged restructuring plan under a Chapter 11 proceeding. Restructuring update Thu, Oct 31, 2019 19:00 CET. Reference is made to the previous stock exchange notices of Solstad Offshore ASA ("SOFF") regarding the SOFF group's ongoing restructuring process, and the agreed suspension and deferrals of payments under its financing agreements (the "Suspension").
Kelly tainton

rififikupp danske bank
bitande flugor spanien
shipping label printer
cachade sidor blocket
studera musikproduktion stockholm
vadsbo gymnasieskola mariestad
panorama se

Restructuring Implementation Agreement - update Sat, May 30, 2020 00:21 CET. Reference is made to the stock exchange notice 8 May 2020 where Solstad Offshore ASA (the "Company") and its subsidiaries ("SOFF" or the "Group") informed that it had agreed a Restructuring Implementation Agreement (the "RIA") for a restructuring of the Group (the "Restructuring").

Our industry is facing challenging times in light of the Covid-19 pandemic and the reduced oil price, but a restructured Solstad Offshore ASA will be in a much better position to handle these challenges.” Skudeneshavn, May 8th 2020. Contacts Lars Peder Solstad CEO, at +47 91 31 85 85 Anders Hall Jomaas CFO, at +47 40 04 29 18.

Olle melander lunds universitet
leveranssätt tyska

Dec 21, 2018 During the standstill period Solstad Offshore ASA intends to implement a financial restructuring of the company. Ocean Yield will in connection

Köp aktien SOLSTAD OFFSHORE (SOFF). Hos Nordnet kan du handla från 0 kr i courtage. Klicka här för att följa aktiekursen i realtid Lars Peder Solstad CEO, at +47 91 31 85 85 Kjetil Ramstad CFO, at +47 90 75 94 89. Solstad Offshore ASA www.solstad.com. This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act. 1 Mar 2021 Norwegian shipowner Solstad Offshore has bounced back in black as a result of successful financial restructuring completed in October 2020. Solstad Offshore : Restructuring outline.

Restructuring outline Tue, Mar 31, 2020 21:30 CET. Solstad Offshore ASA (the "Company") and its subsidiaries ("SOFF" or the "Group") have since Q3 2018 worked with their creditors towards a consensual financial restructuring.During the restructuring process, …

In the latest move, the shareholders, banks, and creditors of Norway’s Solstad Offshore approved a complex financial restructuring. Solstad’s success at completing its restructuring comes as others Norwegian OSV operator Solstad Offshore has received approval for its proposed restructuring at an extraordinary general meeting on Tuesday. The approval comes after the company, formed by the Norwegian ship operator Solstad Offshore has now gotten the last creditors on board for its restructuring plan. In early May the shipping company announced that it had settled a restructuring with a majority of its creditors. Read this article for free Register with your E-mail. Restructuring outline Tue, Mar 31, 2020 21:30 CET Solstad Offshore ASA (the "Company") and its subsidiaries ("SOFF" or the "Group") have since Q3 2018 worked with their creditors towards a consensual financial restructuring.

31 Mar 2020 Norway's offshore service vessels (OSVs) supplier Solstad Offshore and its creditors have agreed on a draft restructuring plan… 20 Oct 2020 CEO Lars Peder Solstad rewarded with stock for guiding company through lengthy restructuring in offshore slump.