Edition:
United Kingdom

BW Offshore Enters Total Return Swap Agreement


Tuesday, 30 Apr 2019 

May 1 (Reuters) - BW Offshore ::SAID ON TUESDAY ENTERED INTO A TOTAL RETURN SWAP ("TRS") AGREEMENT WITH FINANCIAL EXPOSURE TO 210,000 SHARES IN BWO.EXPIRY DATE FOR THE TRS AGREEMENT IS 7 APRIL 2022, AND THE TRS PRICE IS NOK 53.52 PER SHARE.FOLLOWING THIS TRANSACTION, BWO HOLDS TRS AGREEMENTS WITH FINANCIAL EXPOSURE TO 768,000 SHARES.