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Prospect News home > News index > List of issuers T > Headlines for Tenders 2008 > News item
Published on 10/21/2008 in the Prospect News Convertibles Daily.

Far East buys back HK$141 million zero-coupon convertibles due 2009

By Devika Patel

Knoxville, Tenn., Oct. 21 - Far East Consortium International Ltd. said it bought back and cancelled HK$141 million of its $754.4 million zero-coupon convertible bonds due 2009.

As a result, there are HK$161.68 million of the bonds remaining outstanding with a conversion price of HK$2.81.

Far East is a real estate development and hotel company based in Hong Kong.


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