Deferral agreement for Solship Invest 3 AS
As previously announced, Solstad Farstad ASA's independent subsidiary, Solship Invest 3 AS and its subsidiaries are in discussions with its financial creditors aiming to achieve an agreement regarding the Solship Invest 3 AS capital structure.
As part of such discussions, Solship Invest 3 AS and its subsidiaries have today entered into an agreement with its major financial creditors to postpone instalment and interest payments until 4 May 2018.
The agreement will give Solship Invest 3 AS time to continue the negotiations with its financial creditors with the purpose of achieving a long-term solution for the capital structure in Solship Invest 3 AS and its subsidiaries.
Skudeneshavn, March 27th, 2018
Lars Peder Solstad CEO, at +47 91 31 85 85
Anders Hall Jomaas CFO, at +47 40 04 29 18
Solstad Farstad ASA
This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)