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Published on 10/5/2017 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Teekay Offshore calls remaining bonds due 2018

New York, Oct. 5 – Teekay Offshore Partners LP said it called its remaining bonds in two tranches due 2018.

The action affects the company’s NOK 420 million original principal amount of bonds dating from January 2012 and its NOK 800 million original principal amount of bonds dating from January 2013.

Both series will be redeemed on Nov. 16.

Teekay Offshore is a Hamilton, Bermuda provider of marine transportation, oil production, storage, long-distance towing and offshore installation and maintenance and safety services to the offshore oil industry.


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