Dec 15 (Reuters) - Paladin Energy Ltd PDN.AX :
* Repurchase of US$6M of convertible bonds due 2017 PDN.AX
* The cash expenditure for the repurchase is approximately US$5.6 million
* "Repurchase has resulted in approximately US$1.0 million of cash savings to Paladin"
* Says settlement date for the repurchase is expected to take place on or about 17 December 2015
* Source text for Eikon ID:nASXbc9wzm