Oct 19 (Reuters) - Horizon Oil Ltd HZN.AX :
* Purchase and cancellation of US$21.2 million of convertible HZN.AX
* Purchased in the open market, by private contract convertible bonds (bonds) due for redemption on 17 June 2016
* "Early purchase will lead to direct savings to the company of approximately US$2 million by way of reduced interest payments"
* Source text for Eikon ID:nASX3lfkm4