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Awilco Drilling calls 7% senior secured bonds due 2019 at 101.5
By Susanna Moon
Chicago, May 15 – Awilco Drilling plc said it exercised the call option Monday on its 7% senior secured callable bond issue 2014/2019.
The notes will be redeemed at 101.5% of par with settlement occurring 30 business days after the exercise, or June 28, according to a company announcement.
The company is an Aberdeen, Scotland-based drilling contractor.
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