The company said it has NOK 209m ($27.42m) in outstanding notes due on 27 February, but a majority of holders have already agreed to stretch the deadline to 30 June 2016 ahead of a vote on 23 February.
It will pay a consent fee of 2% and offer to buy back at least NOK 60m of the bonds.
The notes are part of a NOK 400m tranche known as IMSK12 sold in 2012 at Nibor plus 8.25%.
The
