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SOCO Finance buys back $29.5 million of 4.5% convertibles due 2013
By Tali David
Minneapolis, Dec. 7 - SOSO International plc announced that its wholly owned subsidiary SOCO Finance Ltd. repurchased $29.5 million of its 4.5% guaranteed convertible bonds due 2013, according to a filing with the London Stock Exchange.
Following the transaction, there are $54.6 million of the bonds remaining.
SOCO is a London-based oil and gas exploration and production company.
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