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 2014 > News item
Published on 4/15/2014 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

TrollDrilling to redeem 13¾% senior secured callable bonds due 2016

By Tali Rackner

Norfolk, Va., April 15 - TrollDrilling & Services Ltd. is exercising the call option on all of its 13¾% senior secured callable bonds due 2016, according to a notice from bond trustee Norsk Tillitsmann ASA.

The notes will be redeemed at 108 plus accrued interest on June 3.

The drilling service provider is based in Bergen, Norway.


© 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.