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Published on 11/9/2010 in the Prospect News Convertibles Daily and Prospect News Liability Management Daily.

Toreador to redeem all $129,000 remaining 5% convertible senior notes

By Devika Patel

Knoxville, Tenn., Nov. 9 - Toreador Resources Corp. will redeem all $129,000 of its remaining 5% convertible senior notes due 2025 on Nov. 24, according to a 10-Q filed Tuesday with the Securities and Exchange Commission.

The company bought back $32,256,000 of the convertibles when holders exercised their put option on Oct. 1.

Toreador Resources is an independent oil company based in Paris.


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