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Published on 7/8/2011 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

STX Europe to prepay NOK 250 million 14% senior bonds due 2012 at 107

By Toni Weeks

San Diego, July 8 - STX Europe AS said it will prepay its NOK 250 million of 14% senior unsecured bonds due 2012 (ISIN: NO0010566904), according to an announcement.

The redemption price of 107 plus accrued interest will be paid on Aug. 19.

Norsk Tillitsmann is the trustee.

STX Europe is a shipbuilding group based in Oslo.


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