Havila Shipping ASA (DE:H4S) has released an update.
Havila Shipping ASA has updated bondholders on debt servicing, with Havila Clipper now contracted to Equinor Energy AS until June 2025, allowing for a total debt payment of NOK 8,248,057 in Q2 2024. The outstanding debt post-maturity on 28.06.24 was NOK 131,964,030, with new terms including the possibility of extending the restructuring period or converting non-interest-bearing debt to shares. The company has outlined the financial adjustments and potential shareholder impacts based on vessel earnings and debt servicing options.
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