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Published on 3/14/2024 in the Prospect News Convertibles Daily and Prospect News Liability Management Daily.

BW Offshore buys back $7.2 million of convertibles due 2024 at 98

By Mary-Katherine Stinson

Lexington, Ky., March 14 – BW Offshore Ltd. repurchased $7.2 million more of its outstanding senior convertible bonds due 2024 (ISIN: NO0010867948) at 98, according to a notice.

Following cancellation, there will be $156.8 million of the bonds outstanding.

The original amount of bonds issued was $297.4 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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