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Prospect News home > News index > List of issuers K > Headlines for Ku6 Media Co., Ltd. > News item
Published on 9/30/2011 in the Prospect News Liability Management Daily and Prospect News PIPE Daily.

Ku6 Media redeems its $50 million of senior convertible bonds

By Ashley Montgomery

Kansas City, Kan, Sept. 30 - Ku6 Media Co. Ltd. redeemed $50 million of senior convertible bonds held by Shanda Interactive Entertainment Ltd., according to a company press release.

The bonds, issued to Shanda on June 29, are due 2014 with a 3% coupon. Ku6 redeemed the bonds Friday at issue price.

Ku6 is an internet television company based in Beijing.


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