DNO to redeem remaining $145.5 million of bonds due 2023 on Sept. 22

By Rebecca Melvin

Concord, N.H., Sept. 8 – DNO ASA is calling its remaining $145.5 million of bonds due May 31, 2023 (ISIN: NO0010823347) on Sept. 22, according to a news release.

The bonds are being redeemed at a price of 103.5 plus accrued interest, which is the same price for a buyback of $154.6 million of the bonds announced on Sept. 1.

Following the redemption, there will be no bonds of the series remaining outstanding.

DNO is an oil and gas operator based in Oslo.

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