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Published on 1/3/2013 in the Prospect News Convertibles Daily and Prospect News Liability Management Daily.

Gome Electrical redeems remaining 3% dollar-settled convertible bonds

By Marisa Wong

Madison, Wis., Jan. 3 - Gome Electrical Appliances Holding Ltd. said it redeemed the remaining RMB 500,000 of its 3% convertible bonds due 2014 on Dec. 31.

Previously, holders put RMB 2,356,700,000 of the dollar-settled convertibles.

The retailer of electrical appliances and electronic consumer products is based in Hong Kong.


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