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ISIN Update: Frontline Ltd. Announces Buyback of 4.50 % Convertible Bond Issue

February 13, 2015Debt, International Securities Identification Numberjay

ISIN.net update courtesy of MarketWatch. Frontline Ltd. (the “Company” or “Frontline”) (ISIN: 001058149) announces  that the Company has through market purchases executed February 12, 2015 bought USD 33,300,000 notional in the 4.50 % Frontline Ltd. Convertible Bond Issue 2010/2015 – ISIN NO 001057149.0 at a purchase price of  99%.

After the purchase, Frontline holds USD 131,600,000 notional representing 58.5% in the 4.50 % Frontline Ltd. Convertible Bond Issue 2010/2015 – ISIN NO 001057149.0.

February 12, 2015
The Board of Directors
Frontline Ltd.
Hamilton, Bermuda

Questions should be directed to:

Robert Hvide Macleod, Chief Executive Officer, Frontline Management AS, +47 23 11 40 00

Inger M. Klemp, Chief Financial Officer, Frontline Management AS, +47 23 11 40 00

FORWARD LOOKING STATEMENTS

Matters discussed in this document may constitute forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides safe harbor protections for forward-looking statements in order to encourage companies to provide prospective information about their business. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements of historical facts.

Frontline desires to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with this safe harbor legislation. The words “believe,” “anticipate,” “intends,” “estimate,” “forecast,” “project,” “plan,” “potential,” “will,” “may,” “should,” “expect” “pending” and similar expressions identify forward-looking statements.

Tags: buyback, convertible bond issue, frontline, International Securities Identification Number, isin, isin 001057149, ISIN Code, ISIN.net

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