Results to Bondholders' Meetings in SIOFF01 and SIOFF02

We refer to the summons dated 16 October 2020 (the "Summons") to the bondholders in ISIN NO 001 0670441 and ISIN NO 001 0708670 (together, the "Bond Issues"). In a bondholders' meeting held today 30 October 2020 the proposal set out in the Summons obtained the votes required under the bond loan agreements to adopt the proposal. 
 
The company is in constructive dialogue with its creditors to reach an overall agreement and this work will continue with the target to agree terms within end of December 2020.
 
Notice from Bondholders’ Meetings
 
For further information, please contact:
 
Dagfinn B. Lie
Chief Financial Officer
Siem Offshore Inc.
Phone +47 901 99 051

Published 30-10-2020 in the Investor category
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