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OKEA calls 2023 bonds; company currently net debt free
By Mary-Katherine Stinson
Lexington, Ky., July 13 – OKEA ASA is redeeming in full its bonds due 2023 (ISIN: NO 0010826852) at a price of 102.75, according to a press release.
Settlement will be on July 27.
The remaining outstanding amount is $164,585,305 of which the company holds $64.6 million from previous buybacks.
The company said that it is “currently net debt free, and the liquidity outlook is good.”
OKEA is a Trondheim, Norway-based oil and gas company.
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