OSX3 exercises call for 35% bonds due 2019 at par on Jan. 24

By Susanna Moon

Chicago, Jan. 22 – OSX3 Cayman Ltd. exercised the call option for its 35% callable bond issue 2016/2019 with a settlement date of Jan. 24.

The bonds will be redeemed at par plus accrued interest to the settlement date, according to a notice by Nordic Trustee AS.

OSX3 is a s-Gravenhage, Netherlands-based company that engages in engineering, construction, installation and commissioning of floating production storage and offloading units to offshore petroleum exploration and production companies. The company operates as a subsidiary of OSX Brasil SA.

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