Wiersholm advises Olympic

Olympic Shipping AS has obtained the required support for a restructuring, according to a stock exchange notification of 9 December.

In this respect, Wiersholm will act as legal adviser to Olympic. The restructuring involves the establishment of a subsea structure, Olympic Subsea, and NOK 400 million in new equity will be raised from current Olympic owners and new investors.

Read the press release from Olympic here.

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