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    Prosafe secures adjustments to bonds

    Company News // February 29, 2016

    Offshore accommodation specialist Prosafe SE has received approval from the bondholders in all its bond issues to adjust the equity and leverage ratio covenants in the bond agreements so as to be aligned with the covenants in its bank credit facilities.

    The additional headroom created by the amendments to its credit facilities and the amendments to the bond agreements will provide the company with increased flexibility.

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