Extension of Standstill Arrangement with Bondholders

Reference is made to the bondholders' meeting in DOFSUB07 (ISIN NO 001 0670144), DOFSUB08 (ISIN NO 001 078817.7) and DOFSUB09 (ISIN NO 001 083681.0) held on 30 September 2020 in accordance with the summons dated 16 September 2020, as amended by the addendum to the summons dated 30 September 2020. DOF Subsea AS has today received confirmation from the ad hoc group of bondholders that they have agreed to extend the suspension, deferral and standstill arrangement currently in place for the bond issue from 15 December 2020 to 31 January 2021 in accordance with the resolutions made at the meetings.


For further information, please contact:
CEO Mons Aase, tel. +47 91 66 10 12
CFO DOF Hilde Drønen tel. +47 91 66 10 09
CFO DOF Subsea Jan Nore, tel. +47 48 09 46 99

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