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DOFo - Dof ASA News Story

NOK0.762 0.0  0.0%

Last Trade - 07/01/21

Sector
Energy
Size
Micro Cap
Market Cap £16.1m
Enterprise Value £1.48bn
Revenue £533.9m
Position in Universe th / 1831

BRIEF-Dof Summons Bondholders To Consider Extension Of Standstill Period

Wed 16th September, 2020 11:05am
Sept 16 (Reuters) - Dof ASA  DOF.OL :
    * SUMMONS TO BONDHOLDERS' MEETINGS IN DOF SUBSEA AS -
REQUEST TO
EXTEND STANDSTILL PERIOD
    * DISCUSSIONS AND NEGOTIATIONS ON RESTRUCTURING OF GROUP ARE
STILL
ONGOING
    * AGREEMENT FOR RESTRUCTURING OF GROUP WILL NOT BE REACHED
BEFORE
CURRENT DEFERRAL AND STANDSTILL ARRANGEMENTS WITH BONDHOLDERS
EXPIRE
    * TO CONSIDER EXTENSION OF STANDSTILL PERIOD INITIALLY UNTIL
15
DEC 2020 AND WITH POSSIBILITY TO EXTEND TO 31 JAN 2021 WITH
APPROVAL OF AN AD-HOC COMMITTEE OF BONDHOLDERS

Source text for Eikon:  ID:nWkrbJFQQL 
Further company coverage:  DOF.OL 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))
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