Axis Offshore has closed the sale of its entire fleet to flotel rival Prosafe on the same day that it completed an effort to call in its bonds.

The company, a joint venture between J Lauritzen and private equity firm HitecVision, said it received NOK 82.7m ($9.54m) in convertible Prosafe bonds from the sale of the 291-berth Dan Swift (built 1985).

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