More on Frontline's (FRO) Q4 results: Free cash position $137.6M, -14% Y/Y. Says it will...

|About: Frontline Ltd. (FRO)|By:, SA News Editor

More on Frontline's (FRO) Q4 results: Free cash position $137.6M, -14% Y/Y. Says it will continue to reduce its fleet in order to reduce its financial exposure. but there is a risk it won't have sufficient cash to repay a $225M convertible bond loan maturing in April 2015 if the tanker market doesn't recover; such a situation may force a restructuring of the company. Shares -7.9% premarket.