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09/12/2013at 14:51

J. Lauritzen wants to repurchase bonds

J. Lauritzen wants to use the proceeds from the sale of ten tankers to Hafnia Tankers to repurchase bonds, thus reducing the company's debt, says the carrier in a brief to the stock exchange.
BY JAKOB VESTERAGER

Hafnia Tankers' acquisition of ten product tankers from J. Lauritzen now enables the carrier to make an offer to repurchase bonds from Lauritzen's bondholders, according to a brief to the stock exchange.

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