Singapore's Okeanos to buy back its $477 million of floaters at par

By Susanna Moon

Chicago, June 22 - Okeanos Investment Corp. Ltd. said it will redeem all of its outstanding floating-rate notes due March 30, 2011 at par plus accrued interest.

The redemption date is June 30.

Okeanos issued $477 million of the notes on Jan. 30, 2007.

The issuer is a special-purpose company incorporated under the laws of Singapore.

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