Viking Supply Ships has finalised its restructuring after reaching an agreement with Kistefos at the same time as reporting a smaller loss in the third quarter.
Following months of negotiations and after securing bondholders’ support in September, the offshore vessel owner said it has agreed on amending the terms of a bareboat charter with Kistefos-controlled Odin Viking SPV.
Viking added this development finalised its restructuring, which is still subject to an equity issue and a subsequent equity injection by parent company Viking Supply Ships AB.
The
