BOURBON sustainable reorganization of the major part of the financial debt
(Thomson Reuters ONE) -
Paris, July 31, 2017
Sustainable reorganization of the major part of the financial debt
The conditions precedent to the implementation of the debt rescheduling
agreement announced in March 2017 have been fulfilled. BOURBON thus confirms the
successful finalization of its debt rescheduling.
This agreement is a solid foundation for the success of the "Stronger for
longer" action plan, which namely aims at preserving and strengthening the
company's cash flow in order to emerge stronger from the current down cycle of
the Offshore marine services market.
About BOURBON
Among the market leaders in marine services for offshore oil & gas, BOURBON
offers the most demanding oil & gas companies a wide range of marine services,
both surface and sub-surface, for offshore oil & gas fields and wind farms.
These extensive services rely on a broad range of the latest-generation vessels
and the expertise of more than 9,300 skilled employees. Through its 37 operating
subsidiaries the group provides local services as close as possible to customers
and their operations throughout the world, of the highest standards of service
and safety.
BOURBON provides two operating Activities (Marine Services and Subsea Services)
and also protects the French coastline for the French Navy.
In 2016, BOURBON'S revenue came to ?1,102.6 million and the company operated a
fleet of 514 vessels as of December 31, 2016.
Placed by ICB (Industry Classification Benchmark) in the "Oil Services" sector,
BOURBON is listed on the Euronext Paris, Compartment B.
Contacts
BOURBON Media relations agency
Publicis Consultants
Investor Relations, analysts, Vilizara Lazarova
shareholders
+33 140 138 607 +33 144 824 634
investor-relations(at)bourbon- vilizara.lazarova(at)consultants.publicis.fr
online.com
Corporate Communications
Christelle Loisel
+33 491 136 732
christelle.loisel(at)bourbon-online.com
PDF version:
http://hugin.info/159569/R/2124242/810583.pdf
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: BOURBON via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 31.07.2017 - 07:00 Uhr
Sprache: Deutsch
News-ID 554514
Anzahl Zeichen: 2981
contact information:
Town:
Paris
Kategorie:
Business News
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"BOURBON sustainable reorganization of the major part of the financial debt"
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