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Published on 10/5/2011 in the Prospect News Convertibles Daily and Prospect News Liability Management Daily.

Aquarius Platinum repurchases $2 million 4% convertibles due 2015

By Toni Weeks

San Diego, Oct. 5 - Aquarius Platinum Ltd. said it repurchased $2 million of its 4% convertible bonds due Dec. 18, 2015, according to a company filing with the London Stock Exchange.

The company repurchased $1 million of the convertibles on Oct. 3 and another $1 million of the bonds on Oct. 4. Following the repurchases, $298 million of the convertibles remain outstanding.

The southern African platinum producer is based in Hamilton, Bermuda.


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