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Electromagnetic Geoservices issues call for unsecured floaters
By Tali David
Minneapolis, June 6 - Electromagnetic Geoservices ASA exercised its option to call its senior unsecured floating-rate bond issue 2011/2014 (ISIN: 0010609837), according to a notice.
The bonds will be redeemed at 104 plus accrued interest on July 18.
Norsk Tillitsmann ASA is the trustee.
The Trondheim, Norway, company provides proprietary electromagnetic technology to support oil and gas companies in their search for offshore hydrocarbons.
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