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Prospect News home > News index > List of issuers T > Headlines for Tenders 2011 > News item |
Willbros holders put all $59.36 million 2.75% convertibles due 2024
By Susanna Moon
Chicago, March 14 - Willbros Group, Inc. said investors put back all $59,357,000 of the company's outstanding 2.75% convertible senior notes due 2024.
The notes were putable at par plus accrued interest up to but not including March 15.
After the purchase, none of the notes will remain outstanding.
The put option expired at 5 p.m. ET on March 11.
Bank of Texas, NA is the paying agent.
Willbros is an oil, gas and power services company based in Houston.
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