Norwegian Car Carriers exercises call on all 10½% bonds due 2015

By Tali Rackner

Norfolk, Va., Aug. 18 – Norwegian Car Carriers ASA is exercising the call option on its 10½% senior open bonds due 2015, according to a notice from bond trustee Nordic Trustee ASA.

The bonds, with a nominal value of NOK 40 million, will be repaid at 101 plus accrued interest on Sept. 29.

Norwegian Car Carriers, formerly Eidsiva Rederi ASA, is an Oslo-based shipping company that transports cars and other rolling cargoes.

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