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Havila Shipping ASA: BONDHOLDERS' MEETING 23 NOVEM

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Post# of 301275
Posted On: 11/23/2016 8:15:33 AM
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Posted By: News Desk 2018
Havila Shipping ASA: BONDHOLDERS' MEETING 23 NOVEMBER 2016

Reference is made to the stock exchange notice dated 9 November 2016, and  summons to bondholders' meetings and term sheet appurtenant thereto of even date.

The restructuring proposal as set out in the summons dated 9 November 2016 did not obtain the required support in the Havi 08 bondholders' meeting as of today.

The Issuer continues maintaining a close dialogue with the banks and the secured and unsecured bondholders, with the intention to be able to submit a revised proposal within short.

The Issuer continues its business, including continuous and safe operation of the vessels towards all customers - including payment of trade creditors.

Contact persons for further information are:

CEO Njål Sævik, +47 909 35 722 njaal@havila.no

CFO Arne Johan Dale, +47 909 87 706 ajd@havila.no

This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.

Attachments:

http://www.globenewswire.com/NewsRoom/Attachm...b1af0ec271



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