Norway's Solstad Offshore has won a key vote among bondholders to extend a payment standstill.
The Oslo-listed offshore support vessel (OSV) giant said on Wednesday that holders of its notes voted 89.2% in favour of a proposal to defer instalments to 31 March, from 20 December previously.
The restructuring owner had said earlier this month that it was unlikely a new refinancing deal to boost liquidity will be sealed before that date.
