Bondholders want to block J. Lauritzen's bank package
A large group of displeased bondholders plan to vote no to the proposal to postpone debt for NOK 500 million as requested by J. Lauritzen on Friday last week, capital manager Alfred Berg tells ShippingWatch. The carrier's new bank package hinges on the bondholders' acceptance.
A group of bondholders are allegedly feeling so poorly treated by J. Lauritzen that they plan to vote against the carrier's proposal to push back debt totaling NOK 500 million, or USD 59 million.
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