BW Offshore sets June 9 meeting for floaters due 2017, 2018, 2019, 2020

By Susanna Moon

Chicago, May 26 – BW Offshore Ltd. will hold a meeting on June 9 for four series of floating-rate senior bonds due 2017, 2018, 2019 and 2020.

The meetings will be related to the company’s plan to secure a long-term financial platform, according to the company notice.

Specifically, the bondholder meetings are the senior callable bond issue 2012/2017, senior callable issue 2013/2018, senior bond issue 2014/2019 and senior bond issue 2015/2020.

Nordic Trustee ASA is the trustee. DNB Markets and Pareto Securities have been engaged as the company’s financial advisors in connection with bond amendments.

BW Offshore provides floating production services to the oil and gas industry. The company has headquarters in Singapore and Oslo.

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