Viking Supply Ships seeking standstill agreement from bondholders
The pressured offshore carrier has extended a standstill agreement with its creditors and is now seeking the same extension from its bondsholders. At the same time, Viking Supply Ships will follow through on a bond payment which expired Monday, March 21st.
BY DANIEL LOGAN BERG-MUNCH
Viking Supply Ships is so strained by the crisis in the offshore market that the carrier is now unable to meet its financial obligations.
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