Farstad reaches standstill agreement

Farstad

Farstad Shipping ASA announced that in support of the Company’s continued restructuring efforts, the secured lenders of the Farstad Shipping group who are affected by the group’s decision to stop service of financial debt (as set out in the Company Update of 20 December 2016), have agreed to a formal stand-still, involving a deferral of all amortisations and interest throughout January 2017.

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