Bourbon requests suspension of listing

Written by Marine Log Staff
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French based offshore services giant Bourbon says that its Board of Directors yesterday acknowledged that certain creditors of group affiliates had addressed credit payment request and/or contractual allowances to those affiliates.

Bourbon Corporation, as a guarantor of part of this amount, i.e. approximately $800 million dollars, is examining available options and intends to pursue discussions with its creditors with the objective to take all appropriate measures to protect its interests and those of its personnel.

In these circumstances, the group has requested the suspension of its stock exchange listing.

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