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Prospect News home > News index > List of issuers T > Headlines for Tenders 2012 > News item
Published on 10/16/2012 in the Prospect News Convertibles Daily and Prospect News Liability Management Daily.

Swiber holders put $64.4 million of 5% convertible bonds due 2014

By Marisa Wong

Madison, Wis., Oct. 16 - Swiber Holdings Ltd. said that certain holders of its $100 million of 5% convertible bonds due 2014 exercised their put option. The company said it redeemed $64.4 million of put bonds on Oct. 16.

Following the early redemption, $35.6 million of the bonds remains outstanding.

Swiber is a Singapore-based offshore oil and gas company.


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