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Oceanteam ASA’s Vessel Owning Companies agree with Financiers on Amendment of Facility Agreement


Oceanteam ASA’s Vessel Owning Companies agree with Financiers on Amendment of Facility Agreement
Oceanteam and its joint venture partner Bourbon have agreed with the financiers of the jointly owned Vessels to defer the Q1, Q2 and Q3 instalments for 2020 under the Vessels’ Facility Agreement until its expiry in 2022 to allow for flexibility to perform planned capex activities on both Vessels this summer and to cater for the reduced utilisation of the Vessels.
 
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.