OSLO, Feb 18 (Reuters) – Billionaire investor John Fredriksen’s dry bulk transport agency Golden Ocean plans to boost $200 million in recent fairness because it continues to face weak markets for its vessels, the corporate stated on Thursday.

Fredriksen’s funding car Hemen Holding, which owns 43.1 % of Golden Ocean, will make investments an quantity that’s not less than equal to its present stake, and different main shareholders plan to do the identical, Golden Ocean added.

In return, the corporate’s banks have agreed to defer mortgage repayments of $165 million till September 2018.

The transport agency individually introduced a internet lack of $69.3 million for the fourth quarter of 2015 and stated it could not pay a dividend.

The firm’s shares, that are listed in New York and Oslo, rose by 2.6 % in early commerce in Europe. (Reporting by Terje Solsvik, modifying by Stine Jacobsen)

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