InterOil Exploration and Production ASA (DE:1ZD0) has released an update.
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InterOil Exploration and Production ASA is seeking bondholders’ approval to settle an upcoming interest payment with additional bonds instead of cash. The company plans to issue new bonds with the same terms as the existing ones to cover the interest payment due on July 31, 2024. A simple majority vote from bondholders within ten business days will determine the approval of this proposal.
For further insights into DE:1ZD0 stock, check out TipRanks’ Stock Analysis page.
