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Brief: Siem Offshore Subsidiary Reaches Agreement With Canadian Lenders

July 2 (Reuters) - Siem Offshore Inc  SIOFF.OL :
    * AGREEMENT REACHED  WITH  THE CANADIAN LENDERS
    * SECUNDA CANADA LP, A 100% OWNED COMPANY OF SIEM OFFSHORE
INC.,
HAS ENTERED INTO A SETTLEMENT AGREEMENT WITH ALL 3 OF ITS
CANADIAN LENDERS, WHERE ALL DEBT IS ELIMINATED BY A 61% PAYMENT

Source text for Eikon:  ID:nObi4RLQJa 
Further company coverage:  SIOFF.OL 

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

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