Prosafe ends year in recovery prompted by crisis plan

Accommodation rig provider Prosafe improved its operating result in Q4 upon restructuring last year, which cut 75 percent off the company’s debt. Management is optimistic about 2022.
Photo: PR / Prosafe
Photo: PR / Prosafe

Financially strained accommodation rig company Prosafe is optimistic about its prospects following last year’s restructuring and the fourth quarter of 2021 providing an operating result (EBITDA) of USD 4.4m, according to a statement.

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