Fred Olsen holding company Bonheur, the owner of Fred Olsen Cruise Lines, is considering a potential investment in indebted driller Fred Olsen Energy.
Oslo-listed Fred Olsen Energy (FOE) is looking at debt and equity restructuring backed by different equity investors following a long-running effort to refinance its debt.
Bonheur ASA, largest stakeholder with 51.9% of shares, is evaluating whether it will take part in the potential refinancing of FOE, which is in debt by more $840m as of 30 June, it said today.