Bourbon won a general waiver from its lenders that will allow the offshore vessel owner to hold off debt payments.
The Marseille-based company signed a "general waiver with its leasers and debt holders representing the majority of its debt," allowing the company to withhold its debt repayments and servicing of its debt.
"Aimed at protecting the group, this waiver allows it to stay focused on its operational priorities and on the implementation of its strategic plan," the company added.
