Bondholders reject Siem Offshore's restructuring plan

Siem Offshore was unable to secure enough votes for a postponement of debt for two bond loans, says the shipping company. A new proposal has been sent out.
Photo: PR / Siem Offshore
Photo: PR / Siem Offshore

Siem Offshore was not able get enough votes to push through its proposal to postpone payments on two bond loans, informs the offshore ship operator.

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