News

Announcement No. 5, 2017

Apr 11 2017
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In the Annual Report for 2016, J. Lauritzen disclosed that it had obtained support to main terms for a new financing package from our core lenders and our owner, Lauritzen Fonden. Reference is also being made to our Announcement no. 4/2017 to Oslo Børs regarding cancellation of the tender offer and consent solicitation process with holders of the JLA02 corporate bond issued by J. Lauritzen. Consent from bondholders was an element in the aforementioned financing package and a condition for its completion.

After consultation with Lauritzen Fonden and our core lenders in order to identify an alternative solution regarding the corporate bond, we are pleased to announce that a new agreement has been reached.

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