SeaBird - Notice to the bondholders regarding payments
(Thomson Reuters ONE) -
Cyprus, 19 December 2011
Reference is made to the summons to bondholders' meeting dated 25 November 2011
for the proposed amendments to the loan agreements of SBX01 RET (ISIN
001 032604.4) and SBX02 RET (ISIN 001 035391.5). The Restructuring, as proposed
and approved by the Bondholders, will be finalized today. Please find attached a
notice from Norsk Tillitsmann ASA outlining the partial repayment and conversion
of remaining bonds into a new bond loan.
For further queries, please contact:
Tim Isden
CEO SeaBird Exploration
Phone: +971 504 539075
SeaBird Exploration PLC "SeaBird" is a global provider of marine 2D and 3D
seismic data, and associated products and services to the oil and gas industry.
SeaBird specializes in high quality operations within the high end of the source
vessel and 2D market, as well as in the shallow water 2D/3D market. Main focus
for the company is proprietary seismic surveys (contract seismic). Main success
criteria for the company are an unrelenting focus on Health, Safety, Security,
Environment and Quality (HSSEQ), combined with efficient collection of high
quality seismic data.
All statements in this press release other than statements of historical fact
are forward-looking statements and are subject to a number of risks,
uncertainties and assumptions that are difficult to predict, and are based upon
assumptions as to future events that may not prove accurate. These factors
include SeaBird`s reliance on a cyclical industry and the utilization of the
company's vessels. Actual results may differ substantially from those expected
or projected in the forward-looking statements.
This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
Notice to the bondholders regarding payments:
http://hugin.info/136336/R/1572259/489182.pdf
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: SeaBird Exploration plc via Thomson Reuters ONE
[HUG#1572259]
Unternehmensinformation / Kurzprofil:
Datum: 19.12.2011 - 10:11 Uhr
Sprache: Deutsch
News-ID 98145
Anzahl Zeichen: 2659
contact information:
Town:
Oslo
Kategorie:
Business News
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"SeaBird - Notice to the bondholders regarding payments"
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