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BW Offshore repurchases $10 million of senior convertibles due 2024
Chicago, April 18 – BW Offshore Ltd. further reduced the amount outstanding on its issue of senior convertible bonds due 2024 (ISIN: NO0010867948) with another partial repurchase, according to a press release.
The company repurchased $10 million of the bonds from the $297.4 million original amount.
After the most recent repurchase, there will be $226.8 million of the bonds outstanding.
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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