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Prospect News home > News index > List of issuers T > Headlines for Tenders 2008 > News item
Published on 11/13/2008 in the Prospect News Convertibles Daily.

Petrominerales buys back $15.5 million in convertibles

By Devika Patel

Knoxville, Tenn., Nov. 13 - Petrominerales Ltd. repurchased $15.5 million in convertible debentures during the third quarter, according to a press release from Petrobank Energy and Resources Ltd.

The company paid $9.4 million for the debentures.

Petrominerales is a Bogota, Colombia-based oil and gas drilling company with operations in western Colombia. Petrobank Energy and Resources owns 76.6% of Petrominerales.


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