In a filing with the Oslo bourse the Norwegianoffshore contractor said the due date has been pushed back to 15 May.
The company noted it has the option topostpone the maturity of senior tranche A and tranche B bonds funded by affiliatesof York Capital Management even further “if necessary”.
In Cecon’s annual report, which wasfiled yesterday, it pointed out that debt used to fund the first ofthree offshore vessels under construction in Canada must be refinanced upon delivery.
In
