Paratus Energy Services Ltd. Announces Full Retirement of SeaMex Notes
Hamilton, Bermuda, July 18, 2023 - Paratus Energy Services Ltd. (“Paratus” or “Company”) is pleased to announce that SeaMex Holdings Ltd. (“SeaMex”), a wholly owned subsidiary of Paratus, has fully prepaid the notes outstanding under its Notes Purchase and Private Shelf Agreement dated August 31, 2021 (“SeaMex Notes”), marking a significant milestone since the Company’s emergence from chapter 11 in January 2022. The achievement positions SeaMex free of any third-party debt obligations and encumbrances and highlights the Company’s commitment to maintaining a strong balance sheet and focus