Update on refinancing process and summons to bondholders’ meeting
Reference is made to the stock exchange communication of Solstad Offshore ASA of October 22nd, 2018. Solstad Offshore ASA is in the process of negotiating a potential agreement whereby interest and amortisations on financial debt of the Solstad Offshore group will be temporarily suspended and deferred commencing December 20th, 2018. The contemplated suspension agreement will not apply to the financial debt of Solship 1 Invest AS, Solship 3 Invest AS, and their respective subsidiaries. As such, the bond loan of Solship 1 Invest AS will continue to be serviced in its ordinary course.