BW Offshore Ltd (BWO.OL)
23 Sep 2016
LONDON/OSLO Norway's multi-billion-dollar high-yield bond market has become the latest casualty of the oil industry slump, with looming debt defaults for firms that operate supply ships and drilling rigs set to hammer investors who bet on the once-booming business.
OSLO, April 1 Norway's BW Offshore, an owner of floating oil production vessels, is unable to tap the bond market for cash and could see liquidity reserves fall to a level breaching its debt covenants in 2016, it said in its annual report on Friday.
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BW Offshore Ltd: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
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