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Golden Close to pay in-kind interest on 9%/12% bonds, 10%/15% bonds
By Susanna Moon
Chicago, Sept. 12 – Golden Close Maritime Corp. Ltd. has decided to pay interest in kind on its 9% senior secured callable bond issue 2014/2019 and 10% super senior secured open bond issue 2017/2022.
Specifically, the issuer will pay the interest due Sept. 30 on its 9% bonds at a rate of 12% and the interest due Sept. 29 on its 10% bonds at a rate of 15%, according to two separate notices by Nordic Trustee AS.
Golden Close owns and operates the drillship Deepsea Metro I in Tanzania and Kenya. It is based in Bergen, Norway.
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