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Published on 11/26/2008 in the Prospect News Convertibles Daily.

Soilbuild buys back, cancels S$8 million of its convertibles

By Devika Patel

Knoxville, Tenn., Nov. 26 - Soilbuild Group Holdings Ltd. said it repurchased and canceled S$8 million of its S$60 million issued 1% convertible bonds due 2011 for S$7.3 million.

The bonds were bought back Nov. 3 and were canceled Wednesday.

Soilbuild is a Singapore-based property developer.


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