In a major development, Oslo-listed feeder owner and operator MPC Container Ships has announced that they are looking to amend the terms of its $200 million bond issue and collect fresh cash in order to mitigate the negative impact from COVID-19 on the company’s liquidity, says an article published in Offshore Energy
To that end, MPC Container Ships Invest B.V., the company’s wholly-owned subsidiary, has requested Nordic Trustee AS as Bond Trustee and Security Agent to summon to a bondholders’...
https://mfame.guru/covid19-cash-stripped-mpc-trying-to-amend-200-million-bond/