Gome Electrical buys back RMB 1.33 billion 0% convertibles due 2014

New York, Sept. 24 - Gome Electrical Appliances Holding Ltd. said it repurchased RMB 1,326,300,000 of its RMB 4.6 billion 0% convertible bonds due 2014 in over-the-counter purchases.

Settlement will be Sept. 29.

Following the buyback, the company will have RMB 3,273,700,000 of the issue still outstanding.

Gome is a Hong Kong-based retailer of electrical applicances and electronic consumer products.

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