Brief: Siem Offshore: Company Update

Sea1 Offshore

28/12/2020 08:49

Dec 28 (Reuters) - Siem Offshore Inc  SIOFF.OL :
    * COMPANY UPDATE
    * HAS MADE GOOD PROGRESS IN ITS RESTRUCTURING DISCUSSIONS
WITH
SECURED LENDERS IN EUROPE AND LEADING BONDHOLDERS
    * COMPANY TARGETS APPROVAL OF RESTRUCTURING PLAN IN JANUARY
2021
    * PLAN DEPENDS ON PARTICIPATION BY COMPANY'S BRAZILIAN BANKS

Source text for Eikon:  ID:nObiS4HxTa 
Further company coverage:  SIOFF.OL 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))