In a filing with the Oslo bourse the operator said IMSK12 notes will now mature on 30 June 2016 following the passage of an amendment that was backed by more than two-thirds of its bondholders.
“With this extension of the maturity date, we have ensured sufficient working capital for the company to execute on its strategy and by this to visualize and create values for all stakeholders in the company,” added chief executive Mortis Skaugen.
Skaugen
