Summons for Bondholder`s Meeting
Reference is made to the stock exchange notice dated 23 May 2016 where BW Offshore Limited (the "Company") announced the launch of a plan to secure a long-term financial platform for the Company.
Summons for a joint Bondholders' Meeting to be held on 9 June 2016 for each of the Company's four outstanding bonds listed below (the "Bond Issues") have today been submitted to Nordic Trustee ASA:
- FRN BW Offshore Limited Senior Unsecured Callable Bond Issue 2012/2017 (ISIN NO 001 0638075)
- FRN BW Offshore Limited Senior Unsecured Callable Bond Issue 2013/2018 (ISIN NO 001 0673841)
- FRN BW Offshore Limited Senior Unsecured Bond Issue 2014/2019 (ISIN NO 001 0705361)
- FRN BW Offshore Limited Senior Unsecured Bond Issue 2015/2020 (ISIN NO 001 0740111)
Voting will be carried out separately for each of the Bond Issues.
Please find the summons attached.
DNB Markets and Pareto Securities have been engaged as the Company's financial advisors in connection with bond amendments.
For further information, please contact:
Knut R. Sæthre, CFO, +47 9111 7876
About BW Offshore:
BW Offshore is a leading global provider of floating production services to the oil and gas industry. BW Offshore is the world's second largest contractor with a fleet of 14 FPSOs represented in all major oil regions world-wide. The company also operates additional 2 FPSOs. BW Offshore has a long track record on project execution and operations. In more than 30 years of production, BW Offshore has executed 38 FPSO and FSO projects. The company is listed on the Oslo Stock Exchange. Further information is also available on www.bwoffshore.com