NASSAU, Bahamas, Nov. 27, 2013 (GLOBE NEWSWIRE) -- Ultrapetrol (Bahamas) Limited ("Ultrapetrol" or the "Company"), announced today that it has commenced an offer (the "Exchange Offer") to exchange all of its outstanding $200.0 million 8⅞% First Preferred Ship Mortgage Notes due 2021 that were issued in a private placement on June 10, 2013 (CUSIP/ISIN numbers 90400X AE4/US90400XAE40 (Rule 144A) and P94398 AD9/USP94398AD92 (Regulation S)), for an equal principal amount of 8⅞% First Preferred Ship Mortgage Notes due 2021, that are registered under the Securities Act of 1933, as amended (the "Exchange Notes"). The exchange offer is only for these CUSIPs and ISINs. The terms of the...
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