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Prospect News home > News index > List of issuers T > Headlines for Tenders 2009 > News item
Published on 6/12/2009 in the Prospect News High Yield Daily.

Norske Skog repurchases $18.7 million, €6.8 million of its bond loans

By Susanna Moon

Chicago, June 12 - Norske Skogindustrier ASA said it bought back $18.7 million of a dollar bond loan due Oct. 15, 2015 and €6.8 million of a euro bond loan due June 26, 2017 during the second quarter.

After the repurchases, Norske Skog holds $28.7 million of the dollar bond loan, and the residual loan is $171.3 million, and the company holds €6.8 million of the euro bond loan, and the residual loan is €493.2 million.

Norske Skog is an Oxenøen, Norway-based paper and pulp company.


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