Lonking repurchases $6.5 million more convertibles due 2012

New York, Nov. 18 - .Lonking Holdings Ltd. said it repurchased another $6.5 million of its zero-coupon convertible bonds due 2012.

Lonking paid a price of 80 for the bonds, for a total of $5.2 million.

The company previously bought back $6 million of the convertibles on Oct. 2, paying 81, $1 million on Oct. 3 at 79 and $3 million for 66 on Oct. 20.

Lonking bought back $3 million of the bonds for 63.5 on Oct. 21 and $4 million on Oct. 22 for 65. It bought back $2 million on Oct. 23 for 65.5 and $4 million on Oct. 24 for 65.5. It bought $5 million on Oct. 27 for 65.5, $2.5 million on Oct. 31 for 67 and $15.73 million of the bonds on Nov. 12, paying prices ranging from 74 to 79 for the bonds.

Hong Kong-based Lonking, formerly China Infrastructure Machinery Holdings Ltd., is a maker of wheel loaders and other infrastructure machinery.

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