FilingReader Intelligence

Prosafe completes $193m debt-to-equity swap, boosts liquidity

July 21, 2025 at 02:00 PM UTCBy FilingReader AI

Prosafe completed a $193m debt-to-equity conversion, issuing 321.6m new shares and boosting unrestricted liquidity to $90-100m.

The company projects 2025 EBITDA of $35-40m, supported by new contracts including Safe Notos at $140k daily.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

OSL:PRSOslo Stock Exchange

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