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Published on 8/7/2009 in the Prospect News Convertibles Daily.

Recent convertible buybacks

New York, Aug. 7 - Below is a list of convertibles repurchased since April 1, as reported by Prospect News

Date of Report Headline Amount (millions, $ unless indicated)

8/6/2009 KKR Financial issues 7.2 million shares for $15.7 million of 7% convertible notes due 2012 15.7

8/6/2009 RF Micro Devices buys back $10 million of 1%, 0.75% convertibles 10

8/6/2009 Omnicom gets puts for $474.3 million LYONs, pays $7.6 million to non-participating holders 474.3

8/6/2009 SBA Communications repurchases $4 million 0.375% convertible notes 4

8/6/2009 Alexandria Real Estate repurchases $75 million of 3.7% convertibles 75

8/6/2009 American Tower to redeem all remaining 3% convertible notes on Aug. 27 162.2

8/6/2009 Hospitality Properties buys back $188.9 million 3.8% convertibles 188.9

8/5/2009 Sepracor buys $48.2 million of its zero-coupon notes for $43.8 million 48.2

8/5/2009 Kendle buys back $25 million of its convertible debt for $18.2 million 25

8/5/2009 Hutchinson Technology repurchases $25 million 2¼% convertible notes 25

8/5/2009 Lithia Motors, Inc. 85

8/4/2009 UDR retires $79.3 million notes, including $72 million 4% convertibles 72

8/4/2009 BRE Properties buys back $40 million of 4.125% convertibles at 89.3 40

8/4/2009 Five Star Quality buys back $12.8 million of its convertible notes 12.8

8/4/2009 Network Equipment buys back some 3.75% convertibles for $1.9 million

8/4/2009 Philippine Long Distance to convert all series VI preferreds Nov. 9

8/4/2009 Par Pharmaceutical buys back $49.3 million of its convertible debt 49.3

8/3/2009 RAIT buys holder's 6.875% convertibles due 2027 for 12½% note, cash 98.28

7/31/2009 Novell calls remaining 0.5% senior convertible debentures due 2024 0.043

7/31/2009 Soilbuild repurchases S$42.5 million of 1% convertibles following put 42.5

7/31/2009 Headwaters to issue 4.8 million shares in exchange for $19.8 million 2.875% convertibles 19.8

7/30/2009 Singapore's CapitaLand buys back S$250 million 3.125% convertibles 250

7/30/2009 Pier 1 exchanges, buys back $69.5 million 6.375% convertible notes 69.5

7/30/2009 Seacor buys $1.8 million 2.875% convertibles, $37 million 7.2% notes, $6.3 million 9½% notes in quarter 1.8

7/30/2009 Scientific Games buys back $124.1 million of its convertibles, debt 84.4

7/30/2009 Powerwave buys back $20 million in 1.875% convertible notes due 2024 20

7/30/2009 PDL BioPharma buys $55 million 2% convertibles, 2.75% convertibles

7/28/2009 CSG Systems International repurchases $15 million convertible debt 15

7/28/2009 Group 1 repurchases $6.7 million in 2.25% convertible notes due 2036 6.7

7/28/2009 Ceradyne buys back $24.5 million 2.875% convertible notes due 2035 24.5

7/28/2009 Nihon Dempa holders to put ¥3.05 billion 0% convertibles due 2011 3050

7/27/2009 GHCL repurchases $1 million of its 1% convertible bonds at a discount 1

7/24/2009 Taiwan's CMC Magnetics accepts tenders for $5 million zero-coupon convertibles due 2012 5

7/24/2009 Kokuyo holders put back ¥11.73 billion 0% convertible bonds due 2024 11730

7/23/2009 Lonking repurchases $2 million of its 0% convertible bonds due 2012 2

7/23/2009 Headwaters holder to exchange $15 million of convertibles for shares 15

7/23/2009 Washington REIT buys back $40.8 million 3.875% convertibles at 91 40.8

7/22/2009 DST buys back $74.1 million in series A, B convertible debentures 74.1

7/22/2009 Overstock.com retires $2.5 million of 3.75% convertible senior notes 2.5

7/22/2009 Linear buys back $64.4 million 3.125% convertibles in fourth quarter 64.4

7/22/2009 ExpressJet buys back $75,000 of its 11.25% convertible notes due 2023 0.075

7/17/2009 India's Marksans Pharma buys back $6 million 0% convertible bonds 6

7/16/2009 Era Infra buys back $3.2 million of its zero-coupon convertible bonds 3.2

7/15/2009 Zarlink buys C$21,000 convertibles at C$700 in tender offer 0.021

7/15/2009 Wyeth completes put of 97.1% of floating-rate convertible debentures 765.139

7/13/2009 India's Firstsource repurchases $5 million in 0% convertibles due 2012 5

7/10/2009 EPIX buys back $3.12 million of 3% convertible senior notes due 2024 3.12

7/9/2009 Brilliance China redeems, cancels remaining 0% convertibles after put 1.321

7/8/2009 Lonking repurchases $5.1 million of its 0% convertible bonds due 2012 5.1

7/8/2009 Ruchi buys back some foreign currency convertibles for $1.52 million 1.52

7/6/2009 AED Oil to exchange $1.25 million 6.5% convertibles for stock, cash 1.25

7/6/2009 Nipro holders put 95.6% of ¥14 billion zero-coupon convertibles 14000

7/2/2009 Lonking repurchases $4 million of its 0% convertible bonds due 2012 4

7/2/2009 Strides Arcolab repurchases $7 million of its 0% convertible bonds 7

7/1/2009 India's Strides Arcolab buys back $13.5 million 0%, 0.5% convertibles 13.5

7/1/2009 Anthracite Capital exchanges shares for $3 million 11.75% convertibles 3

7/1/2009 Ballarpur Industries buys back $8 million of its 0% convertible bonds 8

6/30/2009 Vector issues new convertibles in exchange for $99.94 million of 5% variable-interest convertibles 99.94

6/30/2009 Kemet buys back $93.92 million in 2.25% convertible notes due 2026 93.92

6/29/2009 Pennsylvania REIT exchanges shares for $25 million of exchangeables 25

6/29/2009 Italian-Thai Development buys $37.7 million in 4.5% convertible bonds 37.7

6/29/2009 Rolta India buys back $38.31 million in foreign currency convertibles 38.31

6/26/2009 KEI repurchases $1.5 million of its 1% foreign currency convertibles 1.5

6/25/2009 India's Firstsource buys back $7.9 million 0% convertibles due 2012 7.9

6/24/2009 Lonking buys back $15.58 million of its 0% convertible bonds due 2012 15.58

6/23/2009 Extra Space buys back $43 million more exchangeables at discount 43

6/23/2009 Lorus trades C$3.3 million in cash, license agreement for debentures 15

6/23/2009 Bajaj Hindusthan buys back $2 million of its zero-coupon convertibles 2

6/22/2009 Moser Baer repurchases 10 tranche A convertible bonds for $527,500 0.5275

6/22/2009 Level 3 to swap new convertibles, cash for 6%, 2.875% convertibles 281.899

6/19/2009 Sealed Air to redeem all 3% convertible notes due 2033 on July 19 431.25

6/18/2009 Sri Adhikari repurchases $6.5 million in 1.5% convertibles due 2012 6.5

6/18/2009 KSH repurchases all S$10 million of its 1% convertible notes due 2011 10

6/18/2009 Hercules Offshore issues stock for $45.8 million 3.375% convertibles 45.8

6/17/2009 Pharming Group exchanges €9 million of its convertible debt for shares 9

6/16/2009 Vector to swap $103.98 million 6.75% convertible floaters for $97.18 million 5% convertible floaters 103.98

6/16/2009 Petrobank to convert 98% of $250 million convertibles into shares 244.9

6/16/2009 India's Bajaj Hindusthan repurchases $2 million in 0% convertibles 2

6/15/2009 Diodes issues shares in exchange for $15 million 2.25% convertibles 15

6/15/2009 Chinese People Holdings retires rest of $20 million 2% convertibles 20

6/15/2009 Era Infra repurchases $2.1 million of its zero-coupon convertibles 2.1

6/12/2009 KKR Financial issues shares for $3 million of 7% convertible notes 3

6/11/2009 Scientific Games repurchases $58.3 million of its 0.75% convertibles 58.3

6/11/2009 Lonking repurchases $12 million of its 0% convertible bonds due 2012 112

6/9/2009 Stewart Enterprises buys back $40.1 million senior convertible notes 40.1

6/9/2009 Shuffle Master retires remaining $8,000 contingent convertible notes 0.008

6/9/2009 Far East repurchases HK$1.14 million in 0% convertible bonds due 2009 1.14

6/9/2009 Coeur d'Alene Mines to swap shares for some 1.25%, 3.25% convertibles 33.391

6/9/2009 Antigenics to swap shares for $2 million 5.25% convertibles due 2025 2

6/8/2009 Lijun International cancels RMB 20 million zero-coupon convertibles 20

6/8/2009 Brilliance China holders put $125 million 0% convertibles at 122.926 125

6/8/2009 Vertex to issue shares in exchange for $143.5 million of convertibles 143.5

6/5/2009 Antigenics to exchange $1.5 million 5.25% convertibles for shares 1.5

6/5/2009 Adaptec buys $1 million more 0.75% convertibles in fourth quarter 1

6/4/2009 Antigenics agrees to issue stock for $12.4 million 5.25% convertibles 1.442

6/3/2009 Lexington Realty Trust buys back $46.6 million exchangeables in Q2 46.6

6/3/2009 Cyberonics purchased $3.6 million more 3% convertibles since April 24 3.6

6/3/2009 Coeur d'Alene exchanges $32.44 million more of two convertible series 32.44

6/3/2009 Huntington swaps common shares for some 8.5% convertible preferreds 20

6/2/2009 Coeur d'Alene issues stock for $48.8 million of two convertible series 48.8

6/2/2009 Bajaj Hindusthan buys back $17.93 million convertibles at a discount 17.93

6/2/2009 3i Infotech buys back €2 million of its 0% convertible bonds due 2012 2

6/2/2009 Lonking buys $3 million of its zero-coupon convertible bonds due 2012 3

6/2/2009 India's HEG repurchases $3 million in foreign currency convertibles 3

6/1/2009 Anthracite Capital issues new notes, stock for some unsecured debt, makes delayed interest payments 4

5/29/2009 euNetworks retires 3% convertibles due 2011 through puts, buybacks

5/29/2009 Alexion issues stock for $36.26 million total 1.375% convertibles 36.26

5/29/2009 Affymetrix buys back $69.1 million in 3.5% convertible notes due 2038 69.1

5/28/2009 Cray repurchases $13.27 million more 3% convertibles due 2024 at 98.5 13.27

5/27/2009 Bank of America to issue stock in exchange for $5.9 billion preferreds 1400

5/27/2009 Charming Shoppes buys back $30 million 1.125% convertibles due 2014 30

5/26/2009 Gem Diamonds buys back all $16 million convertibles due 2009 at 98.5 16

5/26/2009 Neo-China holders put HK$864.85 million 0% convertibles due 2011 864.85

5/22/2009 ON Semiconductor buys back $34 million of its zero-coupon convertibles 34

5/20/2009 LSB repurchases $2.5 million in 5.5% convertible senior subordinated debentures due 2012 2.5

5/19/2009 ReneSola buys RMB 270 million 1% convertible bonds for RMB 186 million in second quarter 270

5/19/2009 Cray repurchases $14.29 million of its 3% convertible senior subordinated notes due 2024 14.29

5/19/2009 China Nickel investors exercise two-year put option on HK$156 million in 3% convertibles 156

5/19/2009 Jubilant Organosys pays $3 million to redeem $35 million foreign currency convertibles 35

5/18/2009 LSI calls all of Agere Systems' $243 million of 6.5% convertible notes due 2009 at 100.43 243

5/18/2009 Simbhaoli Sugars cancels $23.11 million of its zero-coupon convertibles due 2011 23.11

5/18/2009 India's Geodesic repurchases $3 million of its foreign currency convertibles due 2013 3

5/18/2009 3i Infotech buys back €4 million, $6.5 million of its zero-coupon convertibles due 2012 €4, $6.5

5/18/2009 Comverse Technology repurchases $417.28 million zero-yield putable securities due 2023 417.28

5/18/2009 Era Infra Engineering repurchases $4 million of its zero-coupon convertibles due 2012 4

5/14/2009 KeyCorp exchanges common stock for $113.97 million 7.75% series A convertible preferreds 113.97

5/14/2009 GHCL repurchases, extinguishes $6.1 million of 1% convertible bonds due 2011 at discount 6.1

5/13/2009 Borland expands convertible repurchases to $44.3 million in first quarter 44.3

5/13/2009 Pixelworks buys $17.8 million in 1.75% convertible subordinated debentures at a discount 17.8

5/11/2009 Suzlon Energy to exchange $94.00 million convertibles, buy $73.30 million in tender 73.3

5/11/2009 LabCorp calls all remaining LYONs, half of remaining 0% convertibles for redemption 369.1

5/11/2009 Hospitality Properties Trust bought back $121.3 million of 3.8% convertibles at discount 121.3

5/11/2009 CDC raises repurchases of 3.75% convertible notes to $125.8 million 125.8

5/11/2009 AmeriCredit buys back $25 million 0.75% convertibles, $21.1 million 2.125% convertibles 46.1

5/11/2009 Macerich retires $56.8 million 3.25% convertibles at discount for quarter ended March 31 56.8

5/8/2009 Group 1 buys $30 million in 2.25% convertibles due 2036 for $13.5 million plus interest 30

5/8/2009 Weingarten buys back $67 million in 3.95% convertibles for $56.4 million after March 31 67

5/8/2009 Health Management repurchased $148.6 million 3.75% convertibles due 2028 since Dec. 1 148.6

5/8/2009 Washington REIT buys back $28.9 million 3.875% convertibles at discount after quarter-end 28.9

5/8/2009 Nasdaq OMX Group repurchases $24 million in 2.5% convertible senior notes for $20 million 24

5/8/2009 FiberTower buys back $71.3 million in 9% convertibles due 2012 for $21.4 million in cash 71.3

5/8/2009 Suntech Power Holdings buys $150.4 million of its 0.25% convertibles for $129.9 million 150.4

5/8/2009 KEI Industries buys back, extinguishes $10.55 million in 1% foreign currency convertibles 10.55

5/8/2009 Cheniere Energy retires $77.2 million 2.25% convertibles due 2012 in exchange for shares 77.2

5/7/2009 ProLogis buys back $273.2 million of convertibles for $153.2 million in March, April 273.2

5/7/2009 NorthStar Realty Finance buys back $61 million of 7.25% exchangeables during quarter 61

5/7/2009 Griffon repurchases $15.1 million convertibles at discount, sees $700,000 pre-tax gain 15.1

5/7/2009 Equity Residential buys back $17.5 million in 3.85% convertibles due 2026 in first quarter 17.5

5/7/2009 Lexington Realty buys back $36.5 million of its 5.45% exchangeable notes at a discount 36.5

5/7/2009 CapitalSource makes redemption of $118.5 million of convertible bonds in first quarter 118.5

5/6/2009 Nabi Biopharmaceuticals buys $10.4 million in 2.875% convertible notes for $10.1 million 10.4

5/6/2009 Atrium buys €60 million in subordinated convertibles for €58.35 million from Meinl Bank 60

5/6/2009 Amkor buys back $68.1 million of its 7 1/8% notes, 2.5% convertibles for $53 million cash 36

5/6/2009 Five Star Quality Care buys back $8.5 million more 3.75% convertibles for $3.7 million 8.5

5/6/2009 Transocean buys back $261 million in 1.625% series A convertible notes in open market 261

5/6/2009 LeCroy repurchases $14.5 million of convertible bonds at discount in third quarter 14.5

5/6/2009 Integra LifeSciences buys back $32.1 million in 2.75% senior convertible notes due 2010 32.1

5/6/2009 Tulip Telecom buys, extinguishes $5.1 million in zero-coupon convertible bonds due 2012 5.1

5/6/2009 Sinclair Broadcast buys back $51.7 million in convertible bonds during first quarter 51.7

5/6/2009 ExpressJet buys $1.84 million in 11.25% convertible notes due 2023 during first quarter 1.84

5/5/2009 Dendreon to issue shares in exchange for $21.22 million of its 4.75% convertibles due 2014 21.22

5/5/2009 Alcatel-Lucent buys back $99 million Lucent 7.75% convertibles due 2017 at discount 99

5/4/2009 UnitedGlobalCom buys back €101 million in 1.75% convertible senior notes for €66.4 million 101

5/4/2009 Extra Space Storage buys back $71.5 million of exchangeables in first quarter at discount 71.5

5/4/2009 Powerwave reports repurchase of $5.4 million 1.875% convertible subordinated notes 5.4

5/1/2009 Overstock.com repurchases $4.9 million convertible senior notes for $3 million in cash 4.9

4/30/2009 Triumph triumphs over first quarter gains, buys $8 million convertibles for $7.2 million 8

4/29/2009 JDS Uniphase buys back $20 million in convertibles, reduces overall debt by $50 million 20

4/29/2009 Oscient holders swap some 5% convertibles due 2009 for 12.5% convertibles due 2011 7.76

4/29/2009 Genesco issues stock in exchange for $56.4 million of 4.125% convertibles due 2023 56.4

4/29/2009 First Potomac Realty buys back $17 million in exchangeables at discount in first quarter 17

4/29/2009 Encore Capital buys back $25.6 million of its convertibles due 2010 for $19.8 million 25.6

4/29/2009 Novavax to retire $17 million of 4.75% convertibles, will pay 70% in cash, 30% in stock 17

4/28/2009 Cap Gemini buys back 21% of its Oceanes due 2010 at €51.501 for total of €97.75 million 97.75

4/28/2009 Tulip Telecom buys back $2.5 million zero-coupon convertibles 2.5

4/28/2009 CSG Systems International repurchases $15 million in convertible debt for $13.2 million 15

4/28/2009 Washington Real Estate repurchases $48.6 million in 3.875% convertibles for $40 million 48.6

4/28/2009 Hercules buys back $20 million of its 3.375% convertibles for approximately $6.1 million 20

4/27/2009 SL Green buys back $224.9 million bonds, including $213.3 million exchangeables 213.3

4/27/2009 SonoSite repurchases $25 million of its convertible notes, resulting in $1.3 million gain 25

4/27/2009 Health Management repurchases $98.6 million in 3.75% convertibles due 2028 in open market 98.6

4/27/2009 Weingarten buys back $57 million in 3.95% convertibles for $47.1 million in first quarter 57

4/27/2009 India's 3i Infotech repurchases $2 million in zero-coupon convertibles due July 2012 2

4/24/2009 India's Hotel Leelaventure buys back $400,000 in zero-coupon convertible bonds due 2012 0.4

4/24/2009 CapLease repurchases $10.3 million in 7.5% convertible notes due 2027 for $5.4 million 10.3

4/24/2009 JSW Steel repurchases, extinguishes $2 million in 0% foreign currency convertible bonds 2

4/24/2009 ConMed buys back $9.9 million more 2.5% convertibles at 21% discount in first quarter 9.9

4/24/2009 Global Voice to repurchase €6.5 million in 3% convertible bonds due 2012 for €3.6 million 6.5

4/24/2009 AirTran Holdings buys back $29.2 million of its 7% convertible notes through Thursday 29.2

4/23/2009 Host Hotels buys back $75 million 3.25% exchangeables for $69 million in first quarter 75

4/22/2009 Xilinx buys back $310.4 million convertible debentures at cost of $193.2 million in cash 310.4

4/22/2009 CDC affiliate buys $36.8 million of 3.75% exchangeable notes at discount from noteholder 36.8

4/21/2009 Nabors Industries buys back $771 million 0.94% convertibles, $57 million 4.875% notes 771

4/21/2009 Hong Kong's Far East Consortium buys back HK$10 million zero-coupon convertibles due 2009 10

4/20/2009 Lions Gate holders agree to swap $66.58 million 3.625% convertibles, skip Icahn's offer 66.58

4/20/2009 CDC affiliate buys back more than 52% of 3.75% exchangeable convertibles to date 88

4/20/2009 Lamar Advertising to buy back $153.63 million 2.875% convertibles in tender offer 153.63

4/20/2009 China Milk repurchases $800,000 0% convertibles for $760,000 in open-market purchase 0.8

4/20/2009 Toreador Resources buys back $16.7 million in 5% convertibles due 2025 for $12.7 million 12.7

4/17/2009 Alexion issues stock for $4.31 million 1.375% convertibles held by CCS 4.31

4/17/2009 Hindustan Construction buys back, extinguishes $3.4 million convertible bonds due 2011 3.4

4/16/2009 Weingarten Realty buys back $25 million 3.95% convertibles in April 25

4/16/2009 Hong Kong's Pacific Andes buys back $5.5 million more of its 4% convertibles due 2012 5.5

4/15/2009 Rockford amends, buys back some 4.5% convertibles, 237,500 warrants 2.5

4/15/2009 HCC Insurance holders put for redemption small amount of 1.3% convertible notes due 2023 0.032

4/15/2009 Lithia buys back $35.6 million more 2.875% convertibles due May 2009 at discount 35.6

4/15/2009 Singapore's KSH Holdings repurchases S$10 million of its 1% convertible notes due 2011 10

4/15/2009 India's Pidilite Industries repurchases $1.7 million in foreign currency convertibles 1.7

4/15/2009 Orchid Chemicals & Pharmaceuticals repurchases $40.05 million in 0% convertible bonds 40.05

4/15/2009 India's 3i Infotech buys back some 0% convertible bonds due April 2012 and July 2012 €1, $17.03

4/14/2009 Linear retires $30 million in 3.125% convertibles in third quarter 30

4/14/2009 Reliance buys back $5 million in 0% foreign-currency convertibles 5

4/14/2009 Pantry buys back $26 million 3% convertibles, 7¾% notes at discount 23

4/13/2009 Acadia Realty Trust repurchases $18.5 million 3.75% convertible notes 18.5

4/13/2009 Jaiprakash Associates buys back $1 million 0% convertibles due 2012 1

4/13/2009 Tata Motors buys back some 0% yen-, dollar-denominated convertibles $17, ¥300

4/9/2009 Alexion exchanges stock for 1.375% convertibles owned by Citadel 46.73

4/8/2009 India's Uflex repurchases $2 million in convertible bonds due 2012 2

4/7/2009 China Milk to buy $3 million convertibles in tender at price of 95 3

4/7/2009 ProLogis repurchases $162.8 million convertibles notes at a discount 162.8

4/7/2009 Liberty Media buys back $750 million of Liberty Capital exchangeables 750

4/7/2009 National Bank of Abu Dhabi buys back AED 135 million convertibles 135

4/6/2009 RF Micro Devices repurchases $22 million in convertibles 22

4/6/2009 Wilmar International buys back $25 million in convertibles due 2012 25

4/6/2009 Radico Khaitan repurchases $4 million foreign currency convertibles 4

4/3/2009 Headwaters issues new 14.75% convertibles for 2.5% convertibles 39.1

4/2/2009 Golden Ocean repurchases $165 million convertible bonds 165

4/1/2009 Chaoda buys back HK$35 million in 0% convertibles due 2011 35

4/1/2009 Hotel Leelaventure buys back $1.7 million 0% convertibles, €1 million 1% convertibles $1.7, €1

4/1/2009 3i Infotech buys back some 0% convertibles due 2012 €3, $8.1


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