Thoresen Thai buys back $8.1 million of 2.5% convertibles due 2012

By Devika Patel

Knoxville, Tenn., Feb. 18 - Thoresen Thai Agencies PCL said it repurchased and cancelled $8.1 million of its 2.5% convertible bonds due 2012.

After the repurchase, the company has $113.4 million of the convertibles outstanding. The company may repurchase more of the bonds.

Thoresen Thai is a shipping company based in Bangkok.

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