Songa Offshore SE : Conversion of bonds, shares issued

Reference is made to the stock exchange announcement on 7 April 2016 made by Songa Offshore SE (the “Company”) regarding the new convertible bond loan issued by the Company on 17 April 2016.

Based on conversion notices received, convertible bonds of nominal value USD 150,000 have today been converted into 74,257 ordinary shares in the Company.

Following the conversion, the outstanding principal of the convertible bond is reduced to USD 107,829,271 and the number of outstanding ordinary shares in the Company has increased to 138,138,162.

Source / More: Songa Offshore

oilandgasOil and Gas News Undiluted !!! “The squeaky wheel gets the oil”

Follow us: @OilAndGasPress on Twitter | OilAndGasPress on Facebook