Banks approve Siem Offshore's debt plan
The offshore industry brings very little good news these days. Siem Offshore, however, can relax a little, after the carrier's banks have approved a new financing plan. The approval contains a three-year extension of a credit facility for USD 316 million for six Anchor Handling Tug Supply Vessels (AHTS), which otherwise would have expired in November, writes Siem Offshore in a statement.
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