Odfjell has repurchased more than one fifth of a 2013-bond hot on the heels of a successful bond issuance earlier this week.

The chemical tanker owner bought back NOK 134.5m ($16.4m) of its ODF04 bond at a price of NOK 101.50.

The bond matures in April 2017. Earlier this week, the company said the sale of a fresh bond was significantly oversubscribed.

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