Dubai's Polarcus could price $95 million of bonds due June 2018

By Christine Van Dusen

Atlanta, May 21 - Dubai's Polarcus Ltd. is considering a $95 million offering of bonds due in June 2018, a market source said.

ABG Sundal Collier, DNB Markets and Pareto Securities are the bookrunners for the deal.

The proceeds will be used to refinance existing debt.

Polarcus is a marine geophysical company.

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