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Norske Skog buys back $61 million worth of its own bonds

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Moscow. Oct 07, 2009. /Lesprom Network/. Norske Skog has bought back bonds totaling $61 million (par value) in a USD bond loan maturing October 15, 2011. Around $40 million of this was bought back in the 3Q 2009, the company said in a press release received by Lesprom Network.

The loan was originally $600 million, and the residual loan is at present $321 million. The bonds are listed on the Luxembourg Stock Exchange, and the release to Luxembourg Stock Exchange is enclosed.

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