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Published on 12/20/2018 in the Prospect News High Yield Daily.

New Issue: British Virgin Islands’ Geophysical Sub-Strata lists $151.5 million of 8% notes

By Devika Patel

Knoxville, Tenn., Dec. 20 – Geophysical Sub-Strata Ltd. informed the Singapore Stock Exchange that it will list $151.5 million of 8% notes (B) due 2023 in the bond market.

Based in Road Town, Tortola, British Virgin Islands, the company has interests in oilfield services and in business process outsourcing services.

Issuer:Geophysical Sub-Strata Ltd.
Issue:Notes
Amount:$151.5 million
Maturity:2023
Coupon:8%
Settlement date:Dec. 20
Rating:S&P: B

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