Norway's Dof group is plotting injections of NOK 700m ($76.6m) in new equity as refinancing talks continue.
The offshore vessel owner said its 100%-owned unit Dof Subsea continues to negotiate a long-term financing solution, with a structure that is "aligned with the current market".
It is in talks with banks and has a conditional commitment from its largest indirect shareholder, chairman Helge Mogster's Laco, to subscribe for NOK 200m of new cash equity, subject to agreement with banks and bondholders.
