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Published on 6/20/2007 in the Prospect News High Yield Daily.

Bluewater mulls refinancing 10¼% notes

By Susanna Moon

Chicago, June 20 - Bluewater Holding BV said that it could refinance its $335 million 10¼% senior notes due 2012, according to an 6-K filing with the Securities and Exchange Commission.

The company hired a financial adviser for the potential refinancing.

Bluewater is a subsidiary of Aurelia Energy NV, which is based in Curaçao, Netherlands.


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