Brief: Prosafe Updates On Financial Restructuring

Prosafe SE

25/10/2021 06:44

Oct 25 (Reuters) - Prosafe SE  PRSO.OL :
    * PROSAFE SE AND SUBSIDIARY COMPANY PROSAFE RIGS PTE. LTD. -
UPDATE ON FINANCIAL RESTRUCTURING
    * BRAZILIAN COURT GRANTED PRPL'S MOTION FOR CLARIFICATION
AND
RECOGNIZED ORIGINAL MORATORIUM ORDER (IN RESPECT OF PRPL) IN
BRAZIL
    * BRAZILIAN COURT FURTHER GRANTED PRPL'S REQUEST TO EXTEND
MORATORIUM PERIOD UNTIL 31 JANUARY 2022
    * SANCTION ORDERS WERE LODGED WITH ACCOUNTING AND CORPORATE
REGULATORY AUTHORITY OF SINGAPORE, MEANING THAT SCHEME EFFECTIVE
DATE WAS ACHIEVED ON 21 OCTOBER 2021
    * SCHEME EFFECTIVE DATE WAS ACHIEVED ON 21 OCTOBER 2021.

Source text for Eikon:  ID:nGNEm1Spg 
Further company coverage:  PRSO.OL 

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