Paramount Communications Closes FCCB Issue

Paramount Communications Ltd has announced that the Company's proposed issue of US$ 27,000,000 one percent unsecured Foreign Currency Convertible Bonds due 2011 closed on November 22, 2006.

The Board of directors has approved the allotment of US$ 27,000,000 one percent unsecured Foreign Currency Convertible Bonds due 2011 at their meeting held on November 22, 2006.

Source : Equity Bulls

Keywords