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Prospect News home > News index > List of issuers T > Headlines for Troll Drilling & Services Ltd. > News item
Published on 2/26/2014 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Troll Drilling & Services seeks consents to amend terms of 13¾% bonds

By Angela McDaniels

Tacoma, Wash., Feb. 26 - Troll Drilling & Services Ltd. is seeking bondholder approval to amend its 13¾% senior secured callable bonds due 2016, according to a notice from bond trustee Norsk Tillitsmann ASA.

Bondholders will vote on the proposed changes at a meeting at 8 a.m. ET on March 11 in Oslo.

The proposed changes to the bond agreement were not disclosed in the notice.

The drilling service provider is based in Bergen, Norway.


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