E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 11/13/2015 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

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.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.