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Aban Offshore updates on subsidiaries

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Capital Market

Deep Drilling 7 and Deep Drilling 8 redeem outstanding bonds

Aban Offshore announced that "Deep Drilling 7 and Deep Drilling 8" wholly owned step-down subsidiaries of the Company, have redeemed the outstanding bonds issued by them having an aggregate principal amount of USD 216 Million [equivalent to Rs 1,335 crore] alongwith accrued interest on the due date (i.e) 05 March 2015.

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First Published: Mar 05 2015 | 9:09 AM IST

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