Teekay Offshore has scored a win in its drive to close a liquidity gap after bondholders approved to push back the maturity of some of its debt.
The New York-listed owner of tankers, floating production units and offshore vessels said it now does not have to pay off its Norwegian kroner-denominated bonds until late 2018.
Some of the $245m in debt had been previously scheduled to mature in January 2017, with the remainder due in January 2018.
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