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Published on 11/27/2019 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

OKEA repurchases $39.5 million of 7½% senior secured bonds due 2020

By Sarah Lizee

Olympia, Wash., Nov. 27 – OKEA AS said it has repurchased $39.5 million of its outstanding $120 million 7½% senior secured bonds due Nov. 16, 2020, according to a company announcement.

The issuer said the remaining bonds will be called with settlement in December.

OKEA is a Trondheim, Norway-based oil and gas company.


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