Working with Our Lenders

MMA Offshore’s debt reduction program has been integral to our ability to work co-operatively with the Company’s lenders to achieve a deferral of fixed principal repayments until the facility expiry in September 2019. This deferral has provided time to progress the implementation of an appropriate long term capital management strategy.

We continue to have the full support of our lenders, which is crucial to the current and future viability of our business.