Preliminary results confirm that nearly all bondholders of Eletson, a tanker and gas carrier owner, are backing a plan to push back interest payments that were due this year.
A total 98.67% of the holders of Eletson's existing 9.625% ship mortgage notes, due 2022, have agreed to swap them for new paper, according to a company press release that cites the results of the ongoing debt exchange as of 11 June.
