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Prospect News home > News index > List of issuers O > Headlines for Odfjell SE > News item
Published on 9/7/2018 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Odfjell to buy back NOK 37 million floating-rate bonds due 2018

By Marisa Wong

Morgantown, W.Va., Sept. 7 – Odfjell SE plans to repurchase NOK 37 million of its floating-rate bonds due December 2018, according to a news release.

The buyback is in connection with an issuance of new floating-rate bonds. The company announced on Friday that it priced NOK 500 million of five-year bonds with a coupon of three-month Nibor plus 550 basis points.

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


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