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Prospect News home > News index > List of issuers O > Headlines for OKEA ASA > News item
Published on 7/13/2022 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

OKEA calls 2023 bonds; company currently net debt free

By Mary-Katherine Stinson

Lexington, Ky., July 13 – OKEA ASA is redeeming in full its bonds due 2023 (ISIN: NO 0010826852) at a price of 102.75, according to a press release.

Settlement will be on July 27.

The remaining outstanding amount is $164,585,305 of which the company holds $64.6 million from previous buybacks.

The company said that it is “currently net debt free, and the liquidity outlook is good.”

OKEA is a Trondheim, Norway-based oil and gas company.


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