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Replies to post #23 on Hermitage Offshore Services Ltd (fka HOFSQ)

Replies to #23 on Hermitage Offshore Services Ltd (fka HOFSQ)

benfrankledger

11/12/17 2:25 PM

#26 RE: RRSilverShadow #23

NAO pursues a conservative financial policy. At the end of 3Q2017, the net debt[2] per vessel was $9.8m. NAO has in place until early 2020 a non-amortizing credit facility of $150m.