Sound Global may refinance 6% convertibles with proceeds of new notes

By Susanna Moon

Chicago, July 19 - Sound Global Ltd. said it may issue senior notes to refinance its 6% convertible bonds due 2015.

The company is planning to offer the notes beginning July 20 to professional investors and will begin a series of investor meetings beginning July 23, according to a company press release.

The issue is subject to market conditions and investors' interest, the release noted.

Proceeds from the issue also would be used to invest in prospective BOT projects and for working capital and other general and corporate purposes.

Sound Global provides water and wastewater treatment solutions and has offices in Beijing and Singapore.

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