Dof secures financial restructuring deal with creditors

After years of negotiating, ailing offshore carrier Dof has secured a deal with creditors to slash debt tallying billions.

BY JENS THOMSEN, TRANSLATED BY CHRISTOFFER ØSTERGAARD

After lengthy negotiations with creditors, hard-pressed Norwegian offshore carrier Dof has secured a deal for financial restructuring, according to a press release.

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Dof in "unsustainable" situation despite Q1 profit
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Minor shareholders could block DOF's restructuring
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