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Published on 2/21/2012 in the Prospect News Convertibles Daily and Prospect News Liability Management Daily.

Transpacific Industries to buy back $18.08 million 6.75% convertibles

By Tali David

Minneapolis, Feb. 21 - Transpacific Industries Group Ltd. agreed to buy back $18.08 million of its 6.75% convertibles due 2014, the company announced in a press release.

Following the Feb. 28 transaction, $74.07 million on the notes will remain outstanding.

Transpacific is a waste management firm based in Milton, Australia.


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