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Prospect News home > News index > List of issuers O > Headlines for Otiga Group AS > News item
Published on 6/21/2019 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Otiga to redeem floating-rate notes due 2019 at 100.75

By Marisa Wong

Morgantown, W.Va., June 21 – Otiga Group AS said it will exercise the call option on the floating-rate notes due November 2019 issued by Personalhuset Staffing Group.

The notes will be redeemed at 100.75, according to a news release.

Call settlement will be on Aug. 5.

The company will use proceeds from an issuance of new bonds to fund the redemption.

Otiga is a staffing services company based in Oslo.


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