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Published on 10/24/2014 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Golden Close to redeem all 11% senior secured callable bonds due 2015

By Tali Rackner

Norfolk, Va., Oct. 24 – Golden Close Maritime Corp. is exercising the call option on all of its 11% senior secured callable bonds due 2015, according to a notice from bond trustee Nordic Trustee ASA.

The bonds will be redeemed at 102 plus accrued interest up to, but excluding, the settlement date of Dec. 9.

Golden Close owns and operates the drillship Deepsea Metro I in Tanzania and Kenya. It is based in Bergen, Norway.


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