Russian containership owner Fesco has had its bond-waiver bid rejected by investors.
The company won support from only 59.2% of bondholders at a meeting on 27 June, not enough to approve the move, it said.
It wants bondholders to waive their rights to claim early redemption for three months.
The owner will continue consultations with investors, and will maintain its freeze on bond payments while this process is ongoing.
Fesco
