Bonheur has purchased nearly NOK 141m ($17m) of its bonds off the market.

The Oslo-listed conglomerate, an Anette Olsen-backed holding company with investments in cruise, offshore and other sectors, said it has been buying up the bonds since 1 March.

Some of the bond purchase took place today, Bonheur said.

The deals take 20% of Bonheur’s NOK 700m bond series due in 2017, leaving nearly NOK 560m.