Assam buys back $4 million in 0% foreign-currency convertible bonds

By Devika Patel

Knoxville, Tenn., Sept. 4 - Assam Co. Ltd. informed the Bombay Stock Exchange that it bought back $4 million of its 0% foreign-currency convertible bonds due 2011 at a discount.

There is $40.7 million principal amount of the convertibles remaining outstanding.

Assam is a coffee and tea producer based in Dibrugarh, India.

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