Subsea 7 S.A. announced that, through market purchases on 9 December 2015, it has bought bonds totalling USD 15,000,000 in nominal value at an average price of 93.81 of the USD 700 million 1.00% Subsea 7 S.A. Convertible Bond Issue 2012/2017 (ISIN NO 001 066 116 8).
Following the purchase, the Company holds bonds with an aggregate nominal value of USD 142,200,000 representing approximately 20.3% of the 1.00% Subsea 7 S.A. Convertible Bond Issue 2012/2017 (ISIN NO 001 066 116 8).
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