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Published on 12/9/2008 in the Prospect News Convertibles Daily.

Thoresen Thai buys back another $12 million 2.5% convertibles

New York, Dec. 9 - Thoresen Thai Agencies PCL said it bought back another $12 million of its 2.5% convertible bonds due 2012.

Following the buyback, Thoresen Thai has $135.9 million of the bonds outstanding.

Thoresen Thai is a shipping company based in Bangkok.


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