Polarcus has announced its decision to formally address the Company's long term financing structure with the aim of restructuring the Company's balance sheet.

Polarcus has retained ABG Sundal Collier as financial advisor and Wiersholm as legal advisor to assist the Company in the prosess.

In the announcement released Monday 7 December the Company said:

«In order to address the Company's long term financing structure and debt service, it has initiated discussions with its finance providers, being the banks, lease providers and certain bond holders».

Contact:
Stale Gjengset
Partner