Restructuring Implementation Agreement with Solstad Offshore for the vessels Far Senator and Far Statesman
Reference is made to Ocean Yield ASA’s (“Ocean Yield”) stock exchange notice on 31 March 2020 where Ocean Yield informed that its fully owned subsidiary, F-Shiplease AS, had agreed on a plan to finalize the negotiations for an agreement in relation to the financial restructuring of Solstad Offshore ASA (“SOFF”) and its subsidiaries for the vessels Far Senator and Far Statesman. F-Shiplease AS has entered into a Restructuring Implementation Agreement (“RIA”) with SOFF on the same terms as disclosed in Ocean Yield’s stock exchange notice of 31 March 2020. The effectiveness of the RIA