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Prospect News home > News index > List of issuers I > Headlines for Italian-Thai Development PCL > News item
Published on 5/17/2010 in the Prospect News Convertibles Daily and Prospect News Liability Management Daily.

Italian-Thai Development buys back $6 million 4.5% convertibles

By Devika Patel

Knoxville, Tenn., May 17 - Italian-Thai Development PCL reported that it repurchased and cancelled $6 million, or 6.12%, of its $150 million in issued 4.5% convertible bonds due 2013.

The bonds were issued in June 2008. There is now $92.1 million of the notes outstanding.

Italian-Thai Development, based in Bangkok, is an infrastructure construction and civil engineering contracting company.


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