Brief: Prosafe SE: Update On Financial Situation And Process With Lenders

Prosafe SE

01/10/2020 10:12

Oct 1 (Reuters) - Prosafe SE  POSF.OL :
    * REG-PROSAFE SE: UPDATE ON FINANCIAL SITUATION AND PROCESS
WITH
LENDERS
    * PROCESS AND CREDITOR DISCUSSIONS CONTINUE
    * PENDING CONCLUSION OF THESE DISCUSSIONS, COMPANY CONTINUES
TO
OPERATE ON A BUSINESS AS USUAL BASIS TO PROTECT AND CREATE VALUE
THROUGH CHALLENGING MARKET CONDITIONS
    * TARGET REMAINS TO AGREE A SUSTAINABLE SOLUTION DURING
SECOND
HALF OF 2020
    * LENDERS IN GENERAL MAINTAIN THEIR SUPPORT FOR COMPANY

Source text for Eikon:  ID:nGNE18SrhX 
Further company coverage:  POSF.OL 

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