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Prospect News home > News index > List of issuers T > Headlines for Tenders 2009 > News item |
Punch Taverns calls remaining 5% convertible bonds due 2010
By Susanna Moon
Chicago, Oct. 23 - Punch Taverns plc said it will redeem all of the outstanding 5% convertible bonds due Dec. 14, 2010 issued by Punch Taverns (Redwood JerseyCo) Ltd. on Nov. 23.
The company said it has purchased and canceled more than 85% of the £275 million issued bonds.
Punch Taverns is a pub company based in Burton on Trent, England.
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