Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers F > Headlines for Faroe Petroleum plc > News item |
DNO buys back $3 million more 8% bonds due 2023 at 107
By Sarah Lizee
Olympia, Wash., Aug. 22 – DNO ASA purchased $3 million of 8% bonds due April 28, 2023 originally issued by DNO North Sea plc, formerly known as Faroe Petroleum plc.
The bonds were purchased at a price of 107.
Following the buyback and prior cancellations due to put option exercises, $65.2 million of the bonds remain outstanding, with DNO ASA holding the balance of $20.6 million.
Oslo-based DNO is an oil and gas operator focused on the Middle East and the North Sea.
© 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.