Brief: Seacrest Petroleo Bermuda Limited Further Forbearance Agreement With Lenders
11/12/2024 15:31
Dec 11 (Reuters) - Seacrest Petroleo Bermuda Ltd SEAPT.OL :
* FURTHER FORBEARANCE AGREEMENT WITH LENDERS
* LENDERS NOT TO EXERCISE VOTING RIGHTS, OR TAKE ANY OTHER ACTIONS, IN RESPECT OF CERTAIN
EVENTS
OF DEFAULT
* FORBEARANCE AGREEMENT WITH LENDERS PARTY TO US$300 MILLION CREDIT FACILITY ANNOUNCED ON
DEC 9
* IS ENGAGED IN DISCUSSIONS REGARDING A SIMILAR FORBEARANCE ARRANGEMENT WITH HOLDERS OF ITS
$120
MILLION SENIOR UNSECURED NORDIC BONDS
Source text: ID:nMFN39Msnl
Further company coverage: SEAPT.OL
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