Issuance of PIK bonds

Reference is made to the Company's bond issue with ISIN NO0010670441
In accordance with clause 9.7 and 9.7 of the bond agreement for the abovementioned, the Company will pay the interest payments representing the margin for the remaining of the Bonds maturity, i.e. for the interest payments due on 30 April 2020, on 30 July 2020 and on the maturity date 30 October 2020, respectively, will be settled in kind by way of issuance of additional bonds.
For further queries, please contact:
Dagfinn B. Lie
Chief Financial Officer
Siem Offshore Inc.
Phone +47 90199051

Published 04-02-2020 in the Investor category