Reference is made to the press release dated 5 January 2016 and summons to bondholders' meetings in the following bond issues:
- Havila Shipping ASA 11/17 8,60% C - ISIN NO0010605025 (HAVI06),
- Havila Shipping ASA 11/17 FRN C - ISIN NO0010605033 (HAVI07),
- Havila Shipping ASA 10/16 FRN C - ISIN NO0010590441 (HAVI04) and
- Havila Shipping ASA 12/16 FRN - ISIN NO0010657174 (HAVI08 PRO) (the "Bond Issues").
Based on uncertainty regarding sufficient support for the proposal in one or more of the bondholders' meetings, the Company has notified the Trustee that it withdraws the summons for all Bond Issues. The Company still aims to reach an agreement with its bondholders within the previously announced deadline of 31 January 2016.
For further information, please contact:
Njål Sævik, CEO Tel: +47 909 35 722
Arne Johan Dale, CFO Tel: +47 909 87 706