Frontline in deal with Golden Ocean
Created: Mar 10, 2000 10:00 AM
a significant portion of the credit of the Golden Ocean shipping group.In March Frontline acquired $46.75 million of Golden Ocean's senior notes due in August 2001.
a significant portion of the credit of the Golden Ocean shipping group.
In March Frontline acquired $46.75 million of Golden Ocean's senior notes due in August 2001. The deal ran close to $5 million as the notes were bought at an average price of 11 percent of par value.
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