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Mime Petroleum calls $45 million of 10¼% secured bonds due 2026
By Mary-Katherine Stinson
Lexington, Ky., May 23 – Mime Petroleum AS will redeem $45 million of its $300 million 10¼% senior secured callable bonds 2021/2026 (ISIN: NO0011142036), according to multiple notices.
The notes will be redeemed at par on the call option repayment date of May 26. Any accrued interest on the bonds will be forfeited and will not be paid.
The record date is May 24.
Nordic Trustee AS is the trustee.
The notice also stated that a similar call option notice to redeem $30 million of Mime’s $180 million super senior secured bonds 2023/2025 (ISIN: NO0012867318) will be made available on Stamdata.
The issuer is an Oslo-based hydrocarbon development and production company.
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