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Published on 5/6/2004 in the Prospect News Convertibles Daily.

CHC Helicopter calls 8% convertibles

New York, May 6 - CHC Helicopter Corp. said it will redeem its 8% convertible subordinated debentures on June 4.

The St. John's, Newfoundland, provider of helicopter services to the offshore oil and gas industry will pay 101.2% of par plus accrued interest up to the redemption date.

CHC Helicopter currently has C$10.5 million principal amount of the convertibles outstanding.


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