BW Offshore : Partial repurchase of Senior Unsecured Convertible Bonds due 2024
June 28, 2022 at 10:51 am
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Partial repurchase of Senior Unsecured Convertible Bonds due 2024
28 June 2022
Partial repurchase of Senior Unsecured Convertible Bonds due 2024
BW Offshore Limited has today repurchased bonds with an aggregate principal amount of USD 15,600,000 in its USD 288,200,000 Senior Unsecured Convertible Bonds due 2024 (ISIN: NO0010867948) for cancellation. Following the cancellation, the principal amount outstanding under the bond loan will be USD 272,600,000.
For further information, please contact:
Ståle Andreassen, CFO, +65 97 27 86 47
Anders S. Platou, Head of Corporate Finance & Strategy, +47 99 50 47 40
About BW Offshore:
BW Offshore engineers innovative floating production solutions. The Company has a fleet of 11 FPSOs with potential and ambition to grow. By leveraging four decades of offshore operations and project execution, the Company creates tailored offshore energy solutions for evolving markets world-wide. BW Offshore has around 2,000 employees and is publicly listed on the Oslo Stock Exchange.
This information is subject to a duty of disclosure pursuant to Section 5-12 of the Norwegian Securities Trading Act.
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BW Offshore Limited published this content on 28 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 June 2022 14:50:04 UTC.
BW Offshore Limited is a Bermuda-based holding company, which engineers advanced floating production solutions. The Company has a fleet of approximately three floating, production, storage, and offloading vessels (FPSOs) with the potential to grow. The Company creates tailored offshore energy solutions for evolving markets world-wide. It is engaged in the energy transition by developing clean energy production solutions, applying its offshore engineering and operations capabilities to drive future value creation. Its subsidiaries include Berge Carmen Singapore Pte Ltd, Bergesen Worldwide Mexico, S.A. de C.V., Bergesen Worldwide Offshore Mexico S. de RL de CV, BW Abo Pte Ltd, BW Berge Helene Pte Ltd, BW Offshore (UK) Limited, Prosafe Production B.V., Tinworth Pte Ltd, Tinworth France SAS, BW Offshore SPV Bermuda I Limited, BW Offshore Shipholding Pte Ltd, BW Adolo Pte Ltd, BW Espoir Ivoirien Pte Ltd, BW Offshore do Brazil Ltda, Tinworth Gabon SA, and BW Offshore EPC FZCO.