Monday, April 16, 2018

Oceanteam wins backing for $62m debt-swap deal

... the bondholders. There will also be a new share issue of between NOK 20m ($2.56m) and NOK 100m for existing investors. And the company has found a new auditor, RSM Norge. This will avoid a liquidation action by Norwegian authorities following the resignation of previous auditor KPMG last year ...
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