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

By Devika Patel

Knoxville, Tenn., April 24 - Global Voice Group Ltd. said it has agreements in place to buy back and cancel €6.5 million, or approximately 20.3%, of its 3% convertible bonds due 2012 at an offer price of 55, or €3.6 million.

The repurchase will be funded with the proceeds from a planned rights issue.

Global Voice Group Ltd. is a Singapore-based subsidiary of Global Voice Group SA, a telecommunications carrier based in Port-au-Prince, Haiti.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.