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Prospect News home > News index > List of issuers T > Headlines for Tenders 2012 > News item
Published on 2/21/2012 in the Prospect News Convertibles Daily and Prospect News Liability Management Daily.

Petroleum Geo-Services to repurchase $440 million of convertibles

By Tali David

Minneapolis, Feb. 21 - Petroleum Geo-Services ASA plans to repurchase $440 million of its 2.7% convertibles (ISIN: 0010402761), the company announced in a press release.

The convertibles will be redeemed on March 22, and the conversion price is NOK 216.19 per ordinary share.

Petroleum Geo-Services is a Lysaker, Norway-based provider of geophysical services to the energy industry.


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