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Published on 6/28/2022 in the Prospect News Convertibles Daily and Prospect News Liability Management Daily.

BW Offshore buys back $15.6 million of convertible bonds due 2024

By Wendy Van Sickle

Columbus, Ohio, June 28 – BW Offshore Ltd. repurchased $15.6 million of its $297.4 million senior convertible bonds due 2024 (ISIN: NO0010867948) on Tuesday, according to a press release.

After cancellation of the repurchased bonds, the principal amount outstanding under the bond loan will be $272.6 million.

BW Offshore is a provider of floating production services to the oil and gas industry. The company has headquarters in Singapore and Oslo.


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