Oslo-listed DOF Subsea has issued a fresh summons for a meeting of bondholders next month for a key vote on a debt deferral after gaining agreement with a group of lenders.
The beleaguered vessel contractor has been seeking to defer a repayment due under its so-called DOFSUB07 bond loan to 20 December this year because it needs more time to hammer out a longer-term refinancing plan with creditors.