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GOGL - Stock Exchange Notice from Golden Ocean Group Limited.
(From Hugin)
Reference is made to the press release dated March 24, 2009. Golden Ocean Group Limited ("Golden Ocean" or the "Company") is presently in the final stage in the discussions with its lending banks, creditors and shipyards. Management believes that a global solution concluding and uniting these agreements can be reached shortly. This will be followed by a financial restructuring which includes injection of some new equity and a reduction of part of the company's debt. The target ...
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