E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Add to balance / Manage account  User:  Log out
Prospect News home > News index > List of issuers Tenders > Headlines for 2023 > News item
Published on 8/30/2023 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

OKEA to redeem $120 million secured bond with new issue

By Mary-Katherine Stinson

Lexington, Ky., Aug. 30 – OKEA AS said it plans to issue a call notice for its outstanding $120 million senior secured bond (ISIN: NO0010869175), according to a company announcement.

The redemption will be partially funded by proceeds from OKEA’s placement of $125 million of 9 1/8% three-year bonds, with the remainder coming from cash on hand.

OKEA is a Trondheim, Norway-based oil and gas company.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.