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Published on 3/25/2009 in the Prospect News Convertibles Daily.

SVG Capital buys £5.05 million in 8.25% convertibles

By Devika Patel

Knoxville, Tenn., March 25 - SVG Capital plc said it purchased £5.05 million of its £120 million in 8.25% convertible bonds due 2016.

Following this purchase and the bonds' cancellation on March 27, there will be £114.95 million of the bonds remaining outstanding.

London-based SVG is a private equity investor and fund management business.


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