This is why bondholders are angry with J. Lauritzen
Yet another owner of bonds in J. Lauritzen is highly critical of the carrier's proposal to push back repayment of the loan. The investors have now hired a special consultant to handle dialog with the carrier. ShippingWatch outlines why the bondholders are prepared to vote no.
J. Lauritzen's attempt to postpone a NOK 500 million debt (approximately USD 59 million) could flounder after a group bondholders became angry with the Danish dry bulk carrier.
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