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Paladin buys back bonds

URANIUM producer Paladin Energy has repurchased $US11 million ($A15.1 million) worth of its conve...

Kristie Batten

The company has $254 million worth of 6% bonds due in 2017. Paladin paid only $9.9 million as the bonds were bought back for around 90c in the dollar. The repurchase has saved the company around $2...

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