DOF Group has made progress is negotiating with its banks and bondholders with a view to finding sustainable long-term financing structure that is aligned with the current market environment.
The bondholders in each of DOFSUB07, DOFSUB08 and DOFSUB09 bond loans resolved to continue and extend the engagements on certain terms and conditions which are deemed beneficial by the bondholders, DOF Subsea and DOF ASA. The final approval of the terms now agreed will be given in a bondholders’ meeting to be held medio January, 2020.
Brazil Energy Insight 
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