Sceismic vessel owner PGS is on course for a major refinancing running to $675m.
Oslo-listed PGS announced after the close on Monday that it was targeting the new debt to repay a bank loan and bond debt.
Gottfred Langseth, chief financial officer of PGS, had told investors at the end of the first quarter the company was likely to refinance this year and was in a position to execute at short notice.
