SOURCE: Golden Ocean Group

December 04, 2009 11:44 ET

GOGL - Mandatory Notification of Trade

HAMILTON, NORWAY--(Marketwire - December 4, 2009) -


Golden Ocean Group Limited ("Golden Ocean" or the "Company") advises that the Company has re-purchased $10.2 million of nominal value of Convertible Bonds with ISIN NO 0010403892 (the "CBs") at a price of 84.25 per cent of par value.

As of today Golden Ocean owns $17 million of CBs representing 69.4 per cent of the total outstanding amount.

December 4, 2009
Hamilton, Bermuda

Contact Persons:
Herman Billung: CEO, Golden Ocean Management AS
+47 22 01 73 41

Geir Karlsen: CFO, Golden Ocean Management AS
+47 22 01 73 53

This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.

Copyright © Hugin AS 2009. All rights reserved.

Contact Information

  • Contact Persons:

    Herman Billung
    CEO
    Golden Ocean Management AS
    +47 22 01 73 41

    Geir Karlsen
    CFO
    Golden Ocean Management AS
    +47 22 01 73 53