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Prospect News home > News index > List of issuers T > Headlines for Tenders 2008 > News item |
Lonking buys back $6 million convertibles
New York, Oct. 2 - Lonking Holdings Ltd. repurchased $6 million of its zero-coupon convertible bonds due 2012 on Thursday.
The company paid a price of 81 for the securities, for a total of $4.86 million.
Lonking, formerly China Infrastructure Machinery Holdings Ltd., is a maker of wheel loaders and other infrastructure machinery based in Hong Kong.
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