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BW Offshore buys back $28.6 million of senior convertibles due 2024
By William Gullotti
Buffalo, N.Y., March 12 – BW Offshore Ltd. repurchased $28.6 million of its outstanding senior convertible bonds due 2024 (ISIN: NO0010867948) at 98, according to a Tuesday notice.
Following cancellation, there will be $164 million of the bonds outstanding.
The original amount of bonds issued was $297.4 million.
BW Offshore is a provider of floating production services to the oil and gas industry. The company has headquarters in Singapore and Oslo.
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