Ocean Yield exercises call on all NOK 600 million floaters due 2017

By Tali Rackner

Norfolk, Va., July 22 – Ocean Yield AS called all of its remaining NOK 600 million senior unsecured callable bonds due 2017, according to a notice from bond trustee Nordic Trustee ASA.

The bonds will be redeemed at 106 plus accrued interest on July 28.

The issuer is a wholly owned subsidiary of Aker ASA, a Stavanger, Norway-based drilling rig operator.

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