Viking Supply Ships: We needed a liquidity buffer

Viking Supply Ships does not believe there is cause for concern when the company once again takes on a series of debentures. “We are talking about a short-term need for liquidity,” Viking Supply Ships CEO Christian Berg informs ShippingWatch.

As Viking Supply Ships once again takes on a debenture loan, the reason is that the company merely has a “short-term need” or liquidity, CEO Christian Berg tells ShippingWatch.

This is the second time in two years that the company is taking on a series of debentures. Last year, the company issued a series of debentures with drawing rights of 750 million Norwegian kroner at maximum, of which the company has drawn up to half the amount, the latest portion drawn in March of this year.

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