MUMBAI, India, February 22, 2010 /PRNewswire/ -- QVT Advisors Private Limited ("QVT") today said it supports on a without prejudice basis the restructuring plan proposed on behalf of the holders of the USD 110 million Foreign Currency Convertible Bonds
("Defaulted Bonds") of Wockhardt Limited (the "Company" or "Wockhardt") and submitted to the Corporate Debt Restructuring ("CDR") Cell, CDR lenders and the Company.
Of the total debt of $ 735mn ( of which $ 700mn is in foreign currency), repayment of $ 140mn worth of foreign currency convertible bonds
is due in October 2009.
07 lakh crore had come from foreign sources, including initial and follow- on public offerings, qualified institutional placements ( QIPs), bonds, external commercial borrowings ( ECBs) and foreign currency convertible bonds
At present, the company s debt amount stands at more than Rs 13,000 crore, which includes Foreign Currency Convertible Bonds
a global scientific and engineering software solutions provider, today announced the closure of its EUR 42 million offering of unsecured foreign currency convertible bonds
Also, sanction was granted to a Mumbai-based pharmaceutical firm njaneya Lifecare Limited to issue Foreign Currency Convertible Bonds
to eligible foreign investors amounting Rs.
This was so because the total FDI will take into account the stakes held by Non-Resident Indians, American and global depository receipts, foreign currency convertible bonds
and convertible preference shares.
MUMBAI, India -- Prajay Engineers Syndicate, a leading Hyderabad-based construction company, with presence across residential, commercial and hospitality, has raised US $60 million by way of a Foreign Currency Convertible Bonds
issue in the international markets.
9 billion is raised by the via external commercial borrowing (ECB) and foreign currency convertible bonds
(FCCB) in June to fund modernisation, foreign acquisition, importing of capital goods and refinancing of old loans, compared to $1.