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Newpark repurchases $14.5 million convertibles due 2021 in Q1
By Wendy Van Sickle
Columbus, Ohio, April 8 – Newpark Resources, Inc. said it repurchased $14.5 million of convertible notes during the first quarter of 2020, according to a company news release.
The remaining $85.5 million of Newpark’s convertibles mature in December 2021.
The Woodlands, Texas-based company operates in three segments, including drilling fluids systems and engineering, mats and integrated services and environmental services.
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