Havila Shipping Updates Debt Terms and Contract Extensions
Company Announcements

Havila Shipping Updates Debt Terms and Contract Extensions

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.

For further insights into DE:H4S stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks European Auto-Generated NewsdeskHavila Shipping ASA’s Offshore Excellence
TipRanks European Auto-Generated NewsdeskHavila Shipping ASA Manages Debt Restructuring
TipRanks European Auto-Generated NewsdeskHavila Shipping Bondholders Approve Debt Restructuring Plan
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App