Norway's Solstad Offshore has brought the last remaining banks on board for its crucial $2bn debt restructuring deal.
The Oslo-listed offshore support vessel owner announced a refinancing on 8 May to address its unsustainable finances following a slump caused by the coronavirus pandemic and oil price falls.
The company received bank credit committee approvals from the vast majority of secured lenders by 29 May, but a few had not agreed at that point.