Bourbon settles major debt reorganization

Offshore carrier Bourbon has rescheduled and reorganized debt for close to a billion euro as part of its "Stronger for longer" action plan to weather the current downturn in the oil and gas sector. The debt will now mature gradually ahead of 2025.

by DANIEL LOGAN

French offshore carrier Bourbon has settled a large-scale debt reorganization with its creditors.

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Offshore carrier Bourbon has 67 unemployed supply vessels
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