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    SEAPT — Seacrest Petroleo Bermuda News Story

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    Brief: Seacrest Petroleo Bermuda Defaults On $120 Mln Nordic Bonds

    Picture of Seacrest Petroleo Bermuda logoSeacrest Petroleo Bermuda
    10/12/2024 10:08
    Dec 10(Reuters) - Seacrest Petroleo Bermuda Ltd
 SEAPT.OL :
    * SAID ON MONDAY CO DEFAULTS ON $120 MILLION NORDIC BONDS,
FAILS
TO MEET RESERVE AND CONVERTIBLE BOND OBLIGATIONS
    * FAILURE TO DELIVER CONVERTIBLE BONDS AND FUND DEBT RESERVE
ACCOUNT
    * CO IS ENGAGED IN ONGOING DISCUSSIONS WITH BONDHOLDERS
REGARDING
FORBEARANCE ARRANGEMENT

        
 Source text for Workspace: [nMFN819kMm ]
 Further company coverage:  SEAPT.OL  

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))

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