Bifogade filer
Seacrest Petroleo Bermuda Limited: Acceleration of indebtedness under senior unsecured Nordic bonds
Prenumeration
Beskrivning
| Land | Bermuda |
|---|---|
| Lista | OAX Equities |
| Sektor | Råvaror |
| Industri | Olja & gas |
Rio de Janeiro, Brazil/Hamilton, Bermuda, 21 January 2025: Seacrest Petroleo Bermuda Limited ("Seacrest Petroleo" or the "Company") announces that it received this morning from Nordic Trustee AS, the trustee for the Company’s 16.00% senior unsecured USD 120,000,000 bonds 2024/2027 (the “Bonds”), a notice of acceleration of all indebtedness under the Bonds.
As disclosed by the Company in its announcement made 23 December 2024, the bondholders had previously entered into a forbearance agreement with the Company in relation to the Bonds, and the Company has been maintaining an ongoing dialogue with holders of a majority of the bonds. A copy of the notice received from Nordic Trustee accompanies this announcement.
For further information, please contact:
John de los Santos, Head of Investor Relations
Seacrest Petroleo Bermuda Limited
Tel. +44 79 4971 4756
john.santos@seacrest.com
This information is subject to the disclosure requirements in article 17 of the Regulation EU 596/2014 (the EU Market Abuse Regulation) and section 5-12 of the Norwegian Securities Trading Act.
Important information
Matters discussed in this press release may constitute forward-looking statements. Forward-looking statements are statements that are not historical facts and may be identified by words such as "anticipate", "believes", "continue", "estimate", "expect", "intends", "may", "should", "will" and similar expressions. The forward-looking statements in this release are based upon various assumptions, many of which are based, in turn, upon further assumptions. Although the Company believes that these assumptions were reasonable when made, these assumptions are inherently subject to significant known and unknown risks, uncertainties, contingencies and other important factors which are difficult or impossible to predict and are beyond its control. Such risks, uncertainties, contingencies and other important factors could cause actual events to differ materially from the expectations expressed or implied in this release by such forward-looking statements. The information, opinions and forward-looking statements contained in this release speak only as at the date of this release and are subject to change without notice.