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Prospect News home > News index > List of issuers O > Headlines for OMI Corp. > News item
Published on 4/20/2005 in the Prospect News Bank Loan Daily.

OMI repays some revolver debt during first quarter

By Sara Rosenberg

New York, April 20 - OMI Corp. voluntarily prepaid $80 million of debt under its revolving credit facility during the first quarter, according to a company news release.

At March 31, debt to total capitalization was 51% and net debt to total net capitalization was 49%.

OMI is a Stamford, Conn.-based tanker owner and operator.


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