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Published on 12/21/2012 in the Prospect News Convertibles Daily and Prospect News Liability Management Daily.

Sound Global buys back portion of 6% convertible bonds due 2015

By Marisa Wong

Madison, Wis., Dec. 21 - Sound Global Ltd. said it repurchased RMB 7 million of its 6% convertible bonds due 2015 on Dec. 20.

The convertible bonds were repurchased through an over-the-counter transaction.

Following the purchase, RMB 600 million principal amount remains outstanding.

The Beijing-based water and wastewater treatment provider originally issued RMB 885 million of the convertibles.


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