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Published on 3/4/2009 in the Prospect News Convertibles Daily.

Aurobindo repurchases $10 million in 0% convertibles due 2011

By Devika Patel

Knoxville, Tenn., March 4 - Aurobindo Pharma Ltd. informed the Singapore Stock Exchange that it bought back and cancelled $10 million of it $200 million in zero-coupon convertible bonds due 2011.

The company bought back $5 million each of the tranche A and tranche B bonds.

Aurobindo is a pharmaceutical company located in Hyderabad, India.


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