GulfMark Offshore has secured an additional loan of $10m in its effort to combat the dire offshore market.
The company’s lenders have agreed to make the extra funding available, given that GulfMark will pay certain fees and retain a financial advisor for the Royal Bank of Scotland (RBS), acting as agent.
GulfMark added its lenders have also agreed to waive any default or event of default under the multi-currency facility agreement.
The
