Teekay Offshore Partners (TOO) has redeemed all outstanding bonds expiring next year.
The company told the Oslo stock exchange that it had exercised its call option for the remaining debt under its six-year NOK 420m ($52m) and five-year NOK 800m issues.
The cash will be paid on 16 November, leaving the company with no 2018 bonds.
In August, TOO's new Teekay Shuttle Tankers operation sold $250m of bonds in the Norwegian market.
