July 29 (Reuters) - MMA Offshore Ltd (MRM) :
- Impairment of assets (MRM)
- Expects to book a non-cash impairment charge of approximately $140 million before tax against the carrying value of its assets as at 30 June 2016.
- Impairment charge reflects the ongoing impact on the company's operations of the low oil price environment
- This non-cash impairment charge will not impact the company's compliance with its debt facility covenants
- Expects to recognise the impairment charge across the carrying value of the assets in each of its three operating divisions
