St. Barbara buys back A$15.35 million convertibles notes at a discount

New York, Dec. 3 - St. Barbara Ltd. said it has agreed with an investor to buy back A$15.35 million of convertible notes at a slight discount.

The company will pay a total of A$15.04 million, 2% below the original issue price.

Payment will be made in two tranches. On Dec. 4 A$13 million will be bought and on Jan. 18 the other A$2.35 million will be purchased.

St. Barbara is a Melbourne, Australia, gold miner.

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