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Aker Drilling : Transocean Norway Drilling AS announces completion of redemption of all outstanding bonds with ticker AKD03 and

    Aker Drilling : Transocean Norway Drilling AS announces completion of
       redemption of all outstanding bonds with ticker AKD03 and AKD04.

Transocean Norway Drilling AS, announces completion of redemption of all the
outstanding bonds under its 11% Senior Unsecured Callable Bond Issue
(2011/2016) with ISIN NO 001059938.4 and its FRN Senior Unsecured Callable
Bond Issue (2011/2016) with ISIN NO 001059940.0
STAVANGER, NORWAY -Pursuant to the exercise of the call options announced on
23 January 2013, Transocean Norway Drilling AS (AKD03/AKD04) has on 6 March
2013 redeemed all of its issued and outstanding bonds under each of the 11%
Senior Unsecured Callable Bond Issues (2011/2016) with ISIN NO 001059938.4 and
the FRN Senior Unsecured Callable Bond Issues (2011/2016) with ISIN NO
001059940.0 with NOK 559,500,000 and NOK 940,000,000 being the principal
amount of the respective outstanding bonds.

The redemption price is equal to 104.5% of the principal amount plus accrued
and unpaid interest.

This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.

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Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other
applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of
the
information contained therein.

Source: Aker Drilling via Thomson Reuters ONE
HUG#1683301
 
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