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Prospect News home > News index > List of issuers T > Headlines for Tenders 2008 > News item
Published on 5/9/2008 in the Prospect News High Yield Daily.

Norway's Noreco to redeem $130 million of its 12% Geopard bonds

By Devika Patel

Knoxville, Tenn., May 9 - Norwegian Energy Co. said it will redeem $130 million of its 12% Geopard A/S callable bond issue 2006/2012 during the first quarter.

The company notified trustee Norsk Tillitsmann ASA that the bonds will be redeemed at 105%.

Based in Stavanger, Norway, Noreco is an oil and gas company.


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