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TrollDrilling to redeem 13¾% senior secured callable bonds due 2016
By Tali Rackner
Norfolk, Va., April 15 - TrollDrilling & Services Ltd. is exercising the call option on all of its 13¾% senior secured callable bonds due 2016, according to a notice from bond trustee Norsk Tillitsmann ASA.
The notes will be redeemed at 108 plus accrued interest on June 3.
The drilling service provider is based in Bergen, Norway.
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