Petrolia obtains holder approval to extend 12% bond maturity to 2017

By Jennifer Chiou

New York, Jan. 24 - Petrolia SE announced that holders authorized its proposed amendment to extend the maturity date of its 12% callable senior bonds to June 2017 from June 2015.

The meeting took place on Jan. 24.

The notes were issued in 2013.

Petrolia, formerly Petrolia Drilling ASA, is an Oslo-based company that owns and charters drilling vessels for offshore, deepwater oil and gas exploration and development drilling.

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