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Jack-Up InvestCo 3 to redeem 11% senior notes due 2018 on Nov. 27
By Wendy Van Sickle
Columbus, Ohio, Nov. 13 – Jack-Up InvestCo 3 Ltd. called its 11% senior secured callable bond issue 2014/2018, according to a Nordic Trustee notice.
The bonds will be redeemed Nov. 27. DBB Jack-Up Services A/S is the guarantor.
Proceeds from a new €100 million issue of bonds by DBB Jack-Up Services will be partially used to fund the redemption.
DBB Jack-up Services is an Aarhus, Denmark-based provider of services to the offshore wind industry.
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