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Solstad gets the last creditors on board restructuring

The last remaining creditors have now approved Norwegian ship operator Solstad Offshore's restructuring. The plan was launched in early May and means that banks will take over a majority of the shares.

Photo: PR/Solstad Offshore

Norwegian ship operator Solstad Offshore has now gotten the last creditors on board for its restructuring plan.

In early May the shipping company announced that it had settled a restructuring with a majority of its creditors.

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