Sea Production to redeem some senior secured callable bonds Nov. 21

By Sarah Lizee

Olympia, Wash., Nov. 15 – Sea Production Ltd. plans to redeem a portion of its senior secured callable bonds on Tuesday, according to a notice.

The bonds will be redeemed at 103% of par plus accrued interest up to the original settlement date of Jan. 2, 2018. The amount of the redemption is $3,375,754.

Nordic Trustee AS is the trustee.

Sea Production makes floating production storage and offloading units and floating storage and offloading units. The company is based in Oslo.

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