SeaBird bondholders called to vote on loan agreement changes Dec. 5

By Caroline Salls

Pittsburgh, Nov. 28 - SeaBird Exploration plc has called for a joint bondholders' meeting to propose amendments to its SBX01 RET and SBX02 RET bond loan agreements in connection with a Nov. 18 agreement for a financial restructuring and industrial partnership, according to a company news release.

The bondholders' meeting will be held on Dec. 5.

The company said holders representing more than two-thirds of the bond loan votes have committed to vote in favor of the proposal.

Seabird provides marine seismic data and associated products and services to the oil and gas industry. It maintains offices in the British Virgin Islands, Dubai and Oslo.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.