Unlock stock picks and a broker-level newsfeed that powers Wall Street. Upgrade Now Oslo - Delayed Quote • NOK Havila Shipping ASA (HAVIO.OL) Follow Compare 1.2400 0.0000 (0.00%) At close: March 13 at 4:11:55 PM GMT+1 All News Press Releases SEC Filings Havila Shipping ASA: Fourth quarter 2024 accounts / Preliminary 2024 accounts Summary Freight revenues were NOK 148.0 million in Q4 2024, at the same level as the corresponding period last year and an increase of NOK 7.1 million compared to the previous quarter. The average rate is higher this quarter than the previous quarter, and utilization is on same level as the previous quarter. Operating expenses were NOK 87.7 million in Q4 2024, a decrease compared to Q4 2023 of NOK 1.6 million and an increase compared to the previous quarter of NOK 6.5 million. The company achiev Havila Shipping ASA: Allegation from certain banks of default of the restructuring agreement – disputed by the company. Reference is made to the stock exchange announcement 1 October 2024, informing that three bank lenders, and the bondholders in two bond loans had decided to have their debt settled at the end of 2024 in accordance with the terms of the restructuring agreement. It was also reported that three banks chose to extend the restructuring agreement by one year related to two vessels in operation and four sold vessels. Reference is also made to the stock exchange announcement of 30 December 2024, where s Havila Shipping ASA: Financing update and invitation to fixed income investor meetings Reference is made to the stock exchange notice on 1 October 2024 by Havila Shipping ASA (“Havila Shipping”) which provided information on lenders' decisions to either settle or extend their outstanding loans under the restructuring agreement. NOK 1,022 million of debt matures on 30 December 2024, whereof NOK 500 million shall be settled in cash and NOK 522 million shall be converted to shares. In order to refinance the 30 December 2024 maturities, Havila Finans AS a company wholly owned by Havil Havila Shipping ASA: Information about lenders feedback regarding settlement of the company’s debt Reference is made to information related to the company’s debt most recently in a stock exchange announcement on 01.08.24 and the 2024 Second Quarter report. The company's lenders had a deadline of 30.09.24 to choose between Settlement as of 31.12.24Extension of the agreement by one year until 31.12.25 The final figures for how much debt that shall be settled or converted into shares will not be clarified until the accounts for the third quarter are available. Based on preliminary estimates, int Havila Shipping ASA: Information on the development of the company's debt Information on the development of the company's debt Reference is made to previous statements, most recently in the interim report for the first quarter of 2024, related to restructuring of the company's debt. By the end of September, the lenders must report to the company whether the lenders for the individual loan choose Settlement as of 31.12.24 orExtend the agreement by one year until 31.12.25 An important element in lender's assessment of the alternatives is the earnings of each vessel in t