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Prospect News home > News index > List of issuers T > Headlines for Tenders 2004 > News item |
SBS Broadcasting brings note buybacks to €16.5 million notes
New York, Nov. 1 - SBS Broadcasting SA said its buybacks during July, August and September totaled €16.5 million of its 12% senior notes due 2008, up from the €11.2 million previously announced.
SBS recorded a loss of €2.7 million on the repurchases.
SBS previously reported on Aug. 31 that it had bought back €11.2 million of the notes.
In May and June 2004, the Luxembourg television operator bought back €14.5 million of the notes.
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