Offshore

Havila Shipping granted vital lifeline by bondholders

Norwegian carrier Havila Shipping, which is facing a potential default, has been granted a key lifeline by bondholders who previously rejected all proposals from the carrier's owner.
BY OLE ANDERSEN

Bankruptcy-threatened Norwegian offshore carrier Havila Shipping has secured an agreement with its otherwise resistant bondholders to postpone the repayment date of USD 76 million.

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