E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 4/1/2014 in the Prospect News Convertibles Daily and Prospect News Liability Management Daily.

TMK redeems $11.5 million of 5.25% convertible bonds due 2015

By Tali Rackner

Norfolk, Va., April 1 - TMK Bonds SA (OAO TMK) redeemed $11.5 million of its 5.25% convertible bonds due 2015 (ISIN: XS0484654040), according to a filing with the London Stock Exchange.

Following the Monday transaction, $401 million remains outstanding under the notes.

TMK is a Moscow-based company is a pipe producer for the oil and gas industry.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.