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Published on 11/26/2012 in the Prospect News Convertibles Daily and Prospect News Liability Management Daily.

Ezra Holdings holders put $94 million of 4% convertibles due 2014

By Marisa Wong

Madison, Wis., Nov. 26 - Ezra Holdings Ltd. announced that holders of its 4% convertible bonds due 2014 exercised their put option. The company said it redeemed $94 million of put bonds on Nov. 25.

Following the redemption, $6 million of the original $100 million principal amount remains outstanding.

Ezra is a Singapore-based provider of offshore support for the oil and gas industry.


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