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SEAPT Seacrest Petroleo Bermuda News Story

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Event Of Default On $120 Mln Senior Unsecured Nordic Bonds

Dec 17 (Reuters) - Seacrest Petroleo Bermuda Ltd
 SEAPT.OL :
    * EVENT OF DEFAULT ON USD 120 MILLION SENIOR UNSECURED
NORDIC
BONDS
    * EVENT OF DEFAULT OCCURRED AS RESULT OF CO'S FAILURE TO PAY
TO
EACH BONDHOLDER SECOND INSTALMENT OF A CONSENT FEE IN CASH
    * DEFAULT INTEREST WILL ACCRUE ON UNPAID AMOUNT FROM AND
INCLUDING
DEC 16 2024 AND UNTIL PAYMENT IS MADE

Source text:  ID:nMFN7zzpJf 
Further company coverage:  SEAPT.OL 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com;))

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