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    Harkand completes bond issue

    Company News // March 24, 2014
    Harkand has completed placement of a new US$230 million senior secured bond issue in the Norwegian bond market. The bonds will have a tenor of five year, maturing in March 2019. The net proceeds will be used to refinance existing debt on the Harkand Atlantis and Harkand Da Vinci, fund the pre-delivery installments of the newbuild dive support vessel scheduled for delivery in the second quarter 2016, and to further expand the company.

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