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San Miguel buys back $60 million of 2% exchangeable bonds due 2014
By Marisa Wong
Madison, Wis., March 27 - San Miguel Corp. said it repurchased $60 million of its 2% exchangeable bonds due 2014. The repurchased bonds were cancelled on March 26.
Following the cancellation, $259 million of the original $600 million principal amount remains outstanding.
San Miguel is a beer producer based in Mandaluyong City, Philippines.
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