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Taiwan's Ritek buys back $159.72 million 0% convertibles
New York, Sept. 23 - Ritek Corp. said it bought back $159.72 million of its 0% convertible bonds due 2008.
The Taiwanese optical disk, photonics and electronics company paid 99.999% of par for the securities for a total of $159.72 million.
Ritek said on Aug. 23 it bought back $11.75 million of its 0% convertibles and on May 20 that it bought back $14.45 million of its 0.5% convertible bonds due 2007.
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