BW Offshore: Partial repurchase of Senior Unsecured Convertible Bonds due 2024

BW Offshore: Partial repurchase of Senior Unsecured Convertible Bonds due 2024

23 Jun 2022 11:53 CEST

Partial repurchase of Senior Unsecured Convertible Bonds due 2024

BW Offshore Limited has today repurchased bonds with an aggregate principal
amount of USD 9,200,000 in its USD 297,400,000 Senior Unsecured Convertible
Bonds due 2024 (ISIN: NO0010867948) for cancellation. Following the
cancellation, the principal amount outstanding under the bond loan will be USD
288,200,000.

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.

More information:
Access the news on Oslo Bors NewsWeb site

Source

BW Offshore Limited

Provider

Oslo Børs Newspoint