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I.M. Skaugen redeems NOK 200 million of 10.5% series IMSK05 bonds
By Toni Weeks
San Diego, Aug. 30 - I.M. Skaugen SE said it redeemed NOK 200 million of its 10.5% series IMSK05 bonds due Sept. 16, 2011 on Aug. 30, according to an announcement. The bond is now fully repurchased.
Following this, the remaining outstanding IMSK bond portfolio includes NOK 293.5 million of the company's series IMSK04 floating-rate bonds due June 6, 2012, NOK 300 million of its series IMSK09 floating-rate bonds due Sept. 17, 2012 and NOK 350 million of its series IMSK10 floating-rate bonds due March 15, 2013.
I.M Skaugen is a marine transportation service company engaged in the transportation of petrochemical gases and chemicals and is located in Oslo.
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