Nordic American Offshore hit by impairment
Nordic American Offshore’s fourth quarter loss of $169.3m reflected an impairment charge of $160.1m as the company goes through “difficult but necessary” adjustments, according to a statement from the company’s new chief executive and chairman Emanuele Lauro. Other adjustments include a renegotiated credit agreement and new financing still to come
A $160m impairment is one adjustment, a new capital structure and financing another
If content does not display, please refresh your browser.
Not a subscriber?
Find out about tailored subscription packages:
T: +44 (0) 20 3377 3792
Request a Demo Getting a demo tailored to your needs is the best way to see how our solutions will help you gain an advantage.
Register for our free email digests: