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Published on 7/21/2005 in the Prospect News Convertibles Daily and Prospect News Emerging Markets Daily.

Taiwan's Pacific Construction buys back $6.255 million convertibles

New York, July 21 - Pacific Construction Co., Ltd. said it bought back $6.255 million of its 1.5% convertible notes due 2006 at prices from 154.90 to 155.75.

In total the Taipei-based construction company paid $9.712 million for the securities.

Through July 21, Pacific Construction has bought back $18.405 million of the notes at a cost of $28.233 million.


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