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Published on 9/9/2016 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Odfjell buys back NOK 134.5 million of floaters due 2017 at 101.5

By Susanna Moon

Chicago, Sept. 9 – Odfjell SE said it has purchased NOK 134.5 million of its senior floating-rate notes due 2017 at a price of 101.5.

The buyback was in conjunction with the placement of a new unsecured bond issue on Thursday, according to a company announcement.

The notes were issued in 2012.

Odfjell is a shipping and tank terminal company based in Bergen, Norway.


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