New York-listed shipowner GasLog has splashed NOK 424m ($50.36m) on buying back an Oslo bond issue.
It acquired all the outstanding notes from the NOK 1bn series at the current call price of 103% of par, plus interest.
The bonds were due to mature at the end of June next year. They carried interest of 6.46% over five years.
Last year, GasLog sold a further NOK 750m of bonds in Oslo.
