OSA Goliath to offer $8.5 million bond issue to fund recovery expenses

By Caroline Salls

Pittsburgh, April 29 - OSA Goliath Pte. Ltd. plans to make an offer to holders of its existing senior secured bond issue 2013/2018 to participate in an $8.5 million funding bond issue, according to a news release from trustee Norsk Tillitsmann ASA.

The bond issue will be made to fund recovery expenses.

Pareto Securities ASA and Pareto Securities Pte. Ltd. is the arranger for the funding bond issue.

The subscription period for the new bonds will expire on May 2.

OSA Goliath is a subsidiary of offshore oil engineering services company Oceanografia SA de CV.

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