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San Miguel buys back, cancels some 2% exchangeable bonds due 2014
By Marisa Wong
Madison, Wis., Sept. 11 - San Miguel Corp. said it repurchased $7.2 million of its 2% exchangeable bonds due 2014. The repurchased bonds were cancelled on Sept. 9.
Following the latest buyback, $217 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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