Polarcus defaults on loans, fixed-interest debt

Capt. John

Oslo-listed, UAE-headquartered, seismic surveyor Polarcus has defaulted on bank loans and bonds, it said on Tuesday January 26th. The news was followed by the company’s share price declining by more than 30%. Polarcus and other seismic surveyors have suffered from weak demand since the Covid-19...

https://insurancemarinenews.com/insurance-marine-news/polarcus-defaults-on-loans-fixed-interest-debt/

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