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Havila Shipping Disputes Debt Restructuring Breach Allegations

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Havila Shipping Disputes Debt Restructuring Breach Allegations

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The latest update is out from Havila Shipping ASA ( (DE:H4S) ).

Havila Shipping ASA has undergone a significant restructuring of its debt, involving the settlement and refinancing of substantial sums through bond loans and the conversion of debt into shares. The company faces allegations of breaching the restructuring agreement from lenders claiming entitlement to declare a breach and enforce securities. Havila Shipping disputes these claims and is prepared to seek legal clarification.

More about Havila Shipping ASA

YTD Price Performance: -14.55%

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €37.12M

For an in-depth examination of H4S stock, go to TipRanks’ Stock Analysis page.

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