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Published on 1/13/2017 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Odfjell buys back NOK 119.5 million of floating bonds due 2017 at 101

By Angela McDaniels

Tacoma, Wash. Jan. 13 – Odfjell SE repurchased NOK 119.5 million of its floating-rate senior bonds due April 11, 2017 at 101, according to a company news release.

The repurchase was made in conjunction with the issuance of NOK 700 million of bonds due January 2021.

Danske Bank Markets and DNB Markets acted as joint lead managers for the new issue.

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


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