Viking Supply Ships is taking a final restructuring proposal to bondholders having signed an agreement with banks to delay $215m in repayments.
Christen Sveaas-backed Kistefos, the company’s main shareholder, is ready to inject $13m as part of a $17.6m arrival of risk capital, according to a plan outlined today.
In all the rescue package is worth $273m. The hurdle for Viking remains to win the backing of bondholders who have been demanding the repayment of their debt.
As
