3rd vessel - Solstad restructuring | SFL Message Board Posts

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Msg  5147 of 5334  at  11/3/2019 3:03:20 PM  by

keebon


 In response to msg 5146 by  ex_hacker202
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Re: 3rd vessel - Solstad restructuring

 The news release on the ship sale that just occurred had a small positive accretion to the balance sheet. They have a lot of ships with, one would assume, varying amounts of debt.  Must be a lot of jockeying for position among creditors.  Way beyond my power to comprehend.  One has to assume that Ole will do his best, which will be good enough for shareholders.  It's only 5 measly support vessels, the value of which has been written off, or at least most of it.  Wonder where the $8 million note that was written of came from and if there are more like it.
 
 
 


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Replies
Msg # Subject Author Recs Date Posted
5149 Re: 3rd vessel - Solstad restructuring bulkrzzz 0 11/3/2019 4:44:10 PM
5151 Re: 3rd vessel - Solstad restructuring bulkrzzz 0 11/3/2019 5:35:43 PM






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