Singapore’s Otto Marine is repurchasing all the outstanding notes in its SGD 70m ($50.65m) issue.
The debt, due on 12 October, will be redeemed on 21 October, together with interest accrued.
This is part of its delisting from the Singapore exchange.
The company left the bourse on 7 October after executive chairman Yaw Chee Siew took the company private.
Otto controls a fleet of around 30 owned and chartered offshore support vessels.
