Farstad Shipping ASA – Restructuring plan approved by bondholders in FAR03 and FAR04
Reference is made to Farstad Shipping ASA's stock exchange release of 6 February 2017 regarding its fully funded restructuring plan and the stock exchange release of 16 February 2017 where Farstad summoned bondholders' meetings in the bond issues FAR03 and FAR04 for the approval of the restructuring plan (including the conversion of the bond debt under those bond issues as further described therein). Quorate bondholders' meetings in each of the bond issues were held today. The proposal set out in the summons letter dated 16 February 2017 (including the restructuring plan and the