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    Olympic Ship gets a little more time

    Company News // November 24, 2016

    Referring to earlier announcements on the matter, and to ongoing discussions with secured lenders with the aim of securing adjustments to the repayment profile its debt, and to extension of a stand-still agreement with secured lenders running up to and including 18 November 2016, Olympic Ship has announced that the stand-still agreement has been extendted to 25 November 2016.

    As previously announced, the company has retained Fearnley Securities and EY as financial advisors and
    Wiersholm as legal advisor to assist in its process of finding a long term financing solution.

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