By Wendy Van Sickle
Columbus, Ohio, Nov. 14 – DOF ASA subsidiary DOF Subsea AS issued NOK 900 million of new unsecured bonds due November 2023.
In connection with the placement, the issuer repurchased NOK 35 million of bonds due March 2020 and $26 million of bonds due March 2022, according to a company notice.
Proceeds will also be used for general corporate purposes.
Arctic Securities and Pareto Securities are the managers.
DOF is a Storebo, Norway-based company that provides services to the global oil and gas industry.
| Issuer: | DOF Subsea AS
|
| Issue: | Unsecured bonds
|
| Amount: | NOK 900 million
|
| Maturity: | November 2023
|
| Managers: | Arctic Securities and Pareto Securities
|
| Settlement date: | Nov. 14
|
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