We also delivered against our task to reduce leverage. We bought back $24 million of debt and smooth out and extended maturities by refinancing $206 million of convertible notes due 2013.Our liquidity today is a strong, exceeding $300 million. Back to growth, we agreed to acquire the Bontonfilm distribution platform in the Czech and Slovak Republic, which will add new streams of revenue in these two countries, and will have a positive impact on our bottom line.
Central European Media Enterprises' CEO Discusses Q1 2011 Results - Earnings Call Transcript
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