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Leading international law firm Clifford Chance has advised Prosafe SE, the world s premier owner and operator of marine vessels listed in Oslo, on the successful restructuring of its US$1.6 billion facilities and a NOK 2.5 billion bond debt (US$278 million). Under the restructuring, Prosafe will swap US$1.1 billion of debt for 99% of Prosafe SE’s equity, reinstate US$250 million of a US$1 billion credit facility and US$93 million of a smaller facility. All other remaining debt maturities are set to be extended to December 2025. ....
Clifford Chance LLP (via Public) / Clifford Chance advises Prosafe on financial restructuring publicnow.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from publicnow.com Daily Mail and Mail on Sunday newspapers.
Clifford Chance LLP (via Public) / CC advises OCP Asia on senior and subordinated financings for National Group publicnow.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from publicnow.com Daily Mail and Mail on Sunday newspapers.