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8 months ago
BRIEF-GulfMark Offshore entered into amendment no. 1 to securities purchase agreement dated Nov 23 with MFP Partners, Franklin Mutual Advisers
December 16, 2016 / 11:44 AM / 8 months ago

BRIEF-GulfMark Offshore entered into amendment no. 1 to securities purchase agreement dated Nov 23 with MFP Partners, Franklin Mutual Advisers

Dec 16 (Reuters) - GulfMark Offshore Inc

* GulfMark Offshore says on Dec 15, co entered into amendment no. 1 to securities purchase agreement dated nov 23 with MFP Partners, Franklin Mutual Advisers

* Amendment includes adding an additional six month extension option to new revolving credit facility

* Agreement amendment includes increase size of new revolving credit facility from $100 million to $115 million

* GulfMark Offshore says as per amendment no. 1, co to issue, sell 50,000 shares of series a convertible preferred stock for cash purchase price of $50 million Source text for Eikon: Further company coverage:

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