Aker Drilling Contemplating new bond issue

Aker Drilling ASA is contemplating the issue of up to NOK 1,500 million in a new senior, unsecured bond in the Norwegian bond market with maturity in February 2016.
The proceeds will be used to refinance the outstanding bond issue AKD02 with ISIN NO001057171.4, repay existing subordinated loans to Aker ASA and for general corporate purposes.
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Source: Offshore Energy Today