{"success":true,"data":{"pressRelease":{"id":"26324","rtpr_id":"nWkr5DYDY5","ticker":"PLSV","exchange":"Oslo Børs","all_tickers":["PLSV"],"title":"Paratus Energy Services Ltd. - Issues notice to holders of Notes to redeem Senior Secured Notes due 2026 in full","author":"Cision","published_at":"2026-05-07T17:21:57.240Z","article_body":"Paratus Energy Services Ltd\nHamilton, Bermuda, May 7, 2026 – Paratus Energy Services Ltd. (“Paratus”\nor the “Company”) hereby gives notice  to  all holders of the Senior\nSecured Notes due 2026 (CUSIPs 81173J AC3, G8000A AH6 and 81173J AD1; ISINs\nUS81173JAC36, USG8000AAH61 and US81173JAD19) (the “Notes”) governed by\nthat Amended and Restated Indenture, dated as of January 20, 2022 (as\nsubsequently amended and supplemented, the “Indenture”); that further to\nthe Company's successful completion of a private placement of USD 250,000,000\nfive year senior secured bonds due 2031 (\"Senior Secured Bond Issue 2031\") the\nCompany has today commenced the process of redeeming in full the principal\namount of all remaining and outstanding Notes (the \"Redeemed Notes\") (with a\nprincipal amount outstanding of USD 197,871,505 by way of issuing a notice to\nholders of the Notes (the \"Redemption Notice\").\n\nThe targeted date for redemption (the \"Redemption Date\") of the Redeemed Notes\nshall be June 8, 2026 (or such later date determined and announced by the\nCompany to enable the satisfaction of the conditions precedent as set out in\nthe Redemption Notice prior to the Redemption Date (including the satisfaction\nof the disbursement conditions precedent agreed with the subscribers to the\nSenior Secured Bond Issue 2031) the (the \"Redemption Conditions\")). Holders of\nNotes have been informed that the redemption of the Redeemed Notes may not\noccur, and the Company may request that the Redemption Notice is rescinded in\nthe event that any such Redemption Conditions have not been satisfied by the\nRedemption Date.\n\nHolders of the Redeemed Notes should refer to the Redemption Notice for\nfurther details regarding the proposed redemption of the Redeemed Notes.\n\nTransfers of any Redeemed Notes will be restricted until the Redemption Date.\n\nThis press release is for informational purposes only and is not intended to,\nand does not, constitute or form part of any offer, invitation or the\nsolicitation of an offer to purchase, otherwise acquire, subscribe for, sell\nor otherwise dispose of, any securities whether pursuant to this press release\nor otherwise.\n\nDefined terms used in this announcement which are not otherwise herein defined\nhave the meaning set out in the Indenture.\n\nFor further information, please contact:\nBaton Haxhimehmedi, CFO and Interim CEO\nBaton.Haxhimehmedi@paratus-energy.com\n+47 4063 9083\n\nAbout Paratus\nParatus Energy Services Ltd. (ticker: PLSV) is an investment holding company\nof a group of leading energy services companies. The Paratus Group is\nprimarily comprised of its ownership of Fontis Energy and a 50/50 JV interest\nin Seagems. Fontis Energy is an offshore drilling company with a fleet of five\nhigh-specification jack-up rigs in Mexico. Seagems is a leading subsea\nservices company, with a fleet of six multi-purpose pipe-laying support\nvessels in Brazil.\n\nhttps://news.cision.com/paratus-energy-services-ltd/r/paratus-energy-services-ltd----issues-notice-to-holders-of-notes-to-redeem-senior-secured-notes-due-%2Cc4346202\n\n\n\n(c) Copyright Waymaker BIT News - Cision 2026","article_body_html":"","raw_payload":{"data":{"id":"nWkr5DYDY5","title":"Paratus Energy Services Ltd. - Issues notice to holders of Notes to redeem Senior Secured Notes due 2026 in full","author":"Cision","ticker":"PLSV","created":"2026-05-07T17:21:57.240Z","tickers":["PLSV"],"exchange":"Oslo Børs","article_body":"Paratus Energy Services Ltd\nHamilton, Bermuda, May 7, 2026 – Paratus Energy Services Ltd. (“Paratus”\nor the “Company”) hereby gives notice  to  all holders of the Senior\nSecured Notes due 2026 (CUSIPs 81173J AC3, G8000A AH6 and 81173J AD1; ISINs\nUS81173JAC36, USG8000AAH61 and US81173JAD19) (the “Notes”) governed by\nthat Amended and Restated Indenture, dated as of January 20, 2022 (as\nsubsequently amended and supplemented, the “Indenture”); that further to\nthe Company's successful completion of a private placement of USD 250,000,000\nfive year senior secured bonds due 2031 (\"Senior Secured Bond Issue 2031\") the\nCompany has today commenced the process of redeeming in full the principal\namount of all remaining and outstanding Notes (the \"Redeemed Notes\") (with a\nprincipal amount outstanding of USD 197,871,505 by way of issuing a notice to\nholders of the Notes (the \"Redemption Notice\").\n\nThe targeted date for redemption (the \"Redemption Date\") of the Redeemed Notes\nshall be June 8, 2026 (or such later date determined and announced by the\nCompany to enable the satisfaction of the conditions precedent as set out in\nthe Redemption Notice prior to the Redemption Date (including the satisfaction\nof the disbursement conditions precedent agreed with the subscribers to the\nSenior Secured Bond Issue 2031) the (the \"Redemption Conditions\")). Holders of\nNotes have been informed that the redemption of the Redeemed Notes may not\noccur, and the Company may request that the Redemption Notice is rescinded in\nthe event that any such Redemption Conditions have not been satisfied by the\nRedemption Date.\n\nHolders of the Redeemed Notes should refer to the Redemption Notice for\nfurther details regarding the proposed redemption of the Redeemed Notes.\n\nTransfers of any Redeemed Notes will be restricted until the Redemption Date.\n\nThis press release is for informational purposes only and is not intended to,\nand does not, constitute or form part of any offer, invitation or the\nsolicitation of an offer to purchase, otherwise acquire, subscribe for, sell\nor otherwise dispose of, any securities whether pursuant to this press release\nor otherwise.\n\nDefined terms used in this announcement which are not otherwise herein defined\nhave the meaning set out in the Indenture.\n\nFor further information, please contact:\nBaton Haxhimehmedi, CFO and Interim CEO\nBaton.Haxhimehmedi@paratus-energy.com\n+47 4063 9083\n\nAbout Paratus\nParatus Energy Services Ltd. (ticker: PLSV) is an investment holding company\nof a group of leading energy services companies. The Paratus Group is\nprimarily comprised of its ownership of Fontis Energy and a 50/50 JV interest\nin Seagems. Fontis Energy is an offshore drilling company with a fleet of five\nhigh-specification jack-up rigs in Mexico. Seagems is a leading subsea\nservices company, with a fleet of six multi-purpose pipe-laying support\nvessels in Brazil.\n\nhttps://news.cision.com/paratus-energy-services-ltd/r/paratus-energy-services-ltd----issues-notice-to-holders-of-notes-to-redeem-senior-secured-notes-due-%2Cc4346202\n\n\n\n(c) Copyright Waymaker BIT News - Cision 2026"},"type":"article","timestamp":"2026-05-07T17:21:57.319538154Z","server_sent_at_ms":1778174517319},"received_at":"2026-05-07T17:21:57.378Z","source_url":"https://news.cision.com/paratus-energy-services-ltd/r/paratus-energy-services-ltd----issues-notice-to-holders-of-notes-to-redeem-senior-secured-notes-due-%2Cc4346202"},"analysis":null,"durationMs":null,"modelName":null}}