Company update
Reference is made to the stock exchange communications of Solstad Offshore ASA ("SOFF") of October 22nd, December 5th and December 19th, 2018. As set out in the aforementioned communication, SOFF has commenced discussions with the SOFF-group's financial creditors and other stakeholders to improve the overall liquidity situation of the group and to create a robust long-term platform for the company. SOFF is pleased to announce that further to these discussions, certain of the SOFF-group companies (the "Companies") and their secured financial creditors have today agreed (subject to