Helge Mogster’s Dof has moved within touching distance of completing a major restructuring agreement.
Bondholders today offered a green light to a package that provides a runway for the company until 2020.
Mons Aase, chief executive of Dof, told TradeWinds: “It is not in place until everything is in place but it is an important milestone for us.”
Tomorrow its shareholders will vote on the plan that includes new equity and the conversion and redemption of bonds.
