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Kjetil Ramstad is appointed as new CFO in Solstad Offshore
Reference is made to the stock exchange notice 31 March 2020 where Solstad Offshore ASA (the "Company") and its subsidiaries ("SOFF" or the "Group") informed that it had agreed on a plan with key stakeholders to finalise the negotiations for an agreement for the financial restructuring of the Group. Solstad Offshore ASA (the “Company“) and its subsidiaries (“SOFF” or the “Group“) have since Q3 2018 worked with their creditors towards a consensual financial restructuring. During the restructuring process, SOFF has had constructive discussions with all stakeholders. Reference is made to previous stock exchange notices by Solstad Offshore ASA (the “Company”) concerning the proposed fully financed restructuring of the Solstad Offshore group, including the stock exchange notice on 29 September 2020 for the summons of an extraordinary general meeting on 20 October 2020 (the “EGM”). On May 8th of this year, we reported to the market that Solstad Offshore ASA, its creditors and industrial shareholders have come to an agreement in the financial restructuring process of the group. We are pleased to announce that the restructuring – a significant milestone which means that Solstad will continue to operate in a controlled manner, with predictability for employees, clients Restructuring outline Tue, Mar 31, 2020 21:30 CET. Solstad Offshore ASA (the "Company") and its subsidiaries ("SOFF" or the "Group") have since Q3 2018 worked with their creditors towards a consensual financial restructuring.
Fartygen består huvudsakligen av ankarhanterings- samt installationsfartyg. Merparten av kunderna återfinns inom oljeindustrin, men även en del verksamhet utförs inom förnybar energi. It has been a tough road for Solstad Offshore and its subsidiaries, which have worked with their creditors towards a consensual financial restructuring since Q3 2018. The announcement by Solstad Offshore follows closely upon the US-based OSV owner Hornbeck Offshore’s intention to file a pre-packaged restructuring plan under a Chapter 11 proceeding. Solstad Offshore levererar tjänster inom offshore- och oljeindustrin. Idag bedriver och förvaltar bolaget över flera fartyg på global nivå.
Solstad Offshore ASA: Restructuring Implementation Agreement Stock release 09.05.2020 0:43 Reference is made to the stock exchange notice 31 March 2020 where Solstad Offshore ASA (the "Company") and its subsidiaries ("SOFF" or the "Group") informed that it had agreed on a plan with key stakeholders to finalise the negotiations for an agreement for the financial restructuring of the Group.
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SOFF is pleased that the parties have agreed to extend the Suspension until March 31[st] 2020, Artiklar, analyser, telegram, pressreleaser och analytikernas aktieråd rörande Solstad Offshore. He comes from the position as Finance Director in Solstad Offshore and In particular, he has been instrumental in the financial restructuring Köp aktien SOLSTAD OFFSHORE (SOFF). satser på renewable “Looking ahead, priority number one is to deliver on our restructuring agreement.
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Klicka här för att följa aktiekursen i realtid Lars Peder Solstad CEO, at +47 91 31 85 85 Kjetil Ramstad CFO, at +47 90 75 94 89. Solstad Offshore ASA www.solstad.com. This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act. 1 Mar 2021 Norwegian shipowner Solstad Offshore has bounced back in black as a result of successful financial restructuring completed in October 2020. Solstad Offshore : Restructuring outline.
Idag bedriver och förvaltar bolaget över flera fartyg på global nivå. Fartygen består huvudsakligen av ankarhanterings- samt installationsfartyg. Merparten av kunderna återfinns inom oljeindustrin, men även en del verksamhet utförs inom förnybar energi. It has been a tough road for Solstad Offshore and its subsidiaries, which have worked with their creditors towards a consensual financial restructuring since Q3 2018. The announcement by Solstad Offshore follows closely upon the US-based OSV owner Hornbeck Offshore’s intention to file a pre-packaged restructuring plan under a Chapter 11 proceeding.
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Solstad Offshore CEO Lars Peder Solstad Skudeneshavn, Norway, headquartered Solstad Offshore ASA reported yesterday that a majority of its creditors — including secured lenders, leasing companies, industrial shareholders and key bondholders — have established a common plan to finalize negotiations on the basis of a restructuring outline. Köp aktien SOLSTAD OFFSHORE (SOFF). Hos Nordnet kan du handla från 0 kr i courtage. Klicka här för att följa aktiekursen i realtid Solstad Offshore levererar tjänster inom offshore- och oljeindustrin. Idag bedriver och förvaltar bolaget över flera fartyg på global nivå.
Fartygen består huvudsakligen av ankarhanterings- samt installationsfartyg. Merparten av kunderna återfinns inom oljeindustrin, men även en del verksamhet utförs inom förnybar energi. Solstad Offshore, the Norwegian Deep Sea Supply and Farstad, says the large majority of its stakeholders have agreed a restructuring which has been under negotiation since the third quarter of
Apr 1, 2020 Solstad Offshore has reached agreement with a majority of its stakeholders on a restructuring of the company. Oct 20, 2020 CEO Lars Peder Solstad rewarded with stock for guiding company through lengthy restructuring in offshore slump. Solstad Offshore : Restructuring outline. April 2, 2020.
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Solstad Offshore ASA: Restructuring outline SOFF is pleased to announce that a large majority of the stakeholders, including secured lenders, leasing companies, industrial shareholders and key bondholders have established a common plan to finalize negotiations on the basis of a restructuring outline to the benefit of all stakeholders (the ”Restructuring Outline”). Restructuring Implementation Agreement - update Sat, May 30, 2020 00:21 CET. Reference is made to the stock exchange notice 8 May 2020 where Solstad Offshore ASA (the "Company") and its subsidiaries ("SOFF" or the "Group") informed that it had agreed a Restructuring Implementation Agreement (the "RIA") for a restructuring of the Group (the "Restructuring"). Solstad Offshore, the Norwegian As originally indicated in March when the first details of the restructuring was announced, Solstad will sell or scrap 37 vessels to give it a core fleet of Solstad Offshore ASA: Restructuring Implementation Agreement – update Reference is also made to the stock exchange notice earlier today in which it was advised that the bondholders in the Group have voted in favour of the Restructuring. 2020-04-02 · Solstad Offshore ASA (the “Company“) and its subsidiaries (“SOFF” or the “Group“) have since Q3 2018 worked with their creditors towards a consensual financial restructuring.
Fartygen består huvudsakligen av ankarhanterings- samt installationsfartyg. Merparten av kunderna återfinns inom oljeindustrin, men även en del verksamhet utförs inom förnybar energi. Solstad’s success at completing its restructuring comes as others in the sector continue to struggle. Last week, Siem Offshore put new proposals to its bondholders as it seeks to complete a refinancing valued at more than $1 billion, while Hermitage Offshore Services, Scorpio Group’s financially troubled offshore operation, announced the
Solstad Offshore and its subsidiaries have been working with their creditors towards a consensual financial restructuring since Q3 2018. Besides converting Nkr10Bn (US$946M) of debt into equity, Solstad’s restructuring will also require it to sell or scrap 37 older and less sophisticated vessels in its fleet, leaving it with approximately 90 vessels. Solstad Offshore ASA: Restructuring update.
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In accordance with the said plan, SOFF has today signed a Restructuring Implementation Agreement (the “ RIA “) for a restructuring of the Group (the “ Restructuring “). Restructuring update. Reference is made to the stock exchange communication of Solstad Offshore ASA (the “Company”) of March 31st, 2020 in which it was announced that the Company and a large majority of its stakeholders had established a common plan to finalise the negotiations for the restructuring of the Company on the basis of a restructuring outline (as described in the communication, the “Restructuring Outline”). Extraordinary general meeting held: Approval of restructuring Reference is made to previous stock exchange notices by Solstad Offshore ASA (the “Company”) concerning the proposed fully financed restructuring of the Solstad Offshore group, including the stock exchange notice on 29 September 2020 for the summons of an extraordinary general meeting on 20 October 2020 (the “EGM”). Reference is made to the stock exchange notice 8 May 2020 where Solstad Offshore ASA (the “Company”) and its subsidiaries (“SOFF” or the “Group”) informed that it had agreed a Restructuring Implementation Agreement (the “RIA”) for a restructuring of the Group (the “Restructuring”). OSLO (Reuters) - Norway's offshore service vessels (OSVs) supplier Solstad Offshore SOFF.OL and its creditors have agreed on a draft restructuring plan, which includes converting 10 billion crowns Solstad Offshore ASA (“Solstad”) is pleased to confirm that the large AHTS Normand Ranger has been awarded a contract in Australia for commencement in 2Q 2021. The vessel will mobilise from Norway and will then provide support to a major drilling campaign offshore North Western Australia, securing about 1 year of utilization for the vessel.
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Contacts Lars Peder Solstad CEO, at +47 91 31 85 85 Anders Hall Jomaas CFO, at +47 40 04 29 18. Solstad Offshore ASA Solstad Offshore ASA (the “Company“) and its subsidiaries (“SOFF” or the “Group“) have since Q3 2018 worked with their creditors towards a consensual financial restructuring. During the restructuring process, SOFF has had constructive discussions with all stakeholders.