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InterOil’s Jan. 22 payment on 6% senior bonds to be made in kind
By Wendy Van Sickle
Columbus, Ohio, Jan. 11 – InterOil Exploration & Production ASA will make its Jan. 22 payment on its 6% senior secured callable bonds due 2020 in kind, rather than in cash, according to a notice.
The payment will be in the form of additional bonds at an interest rate of 8%.
InterOil is an Oslo-based exploration and production company.
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