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Prospect News home > News index > List of issuers A > Headlines for American Shipping Co. ASA > News item |
American Shipping plans to make interest payment as payment-in-kind
By Ashley Montgomery
Kansas City, Kan., Nov. 2 - American Shipping Co. ASA, formerly Aker American Shipping ASA, announced that it would make the Feb. 28, 2012 interest payment on its senior unsecured callable PIK bonds as payment-in-kind.
Norsk Tillitsmann is the loan trustee.
The issuer is a shipping company based in Oslo.
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