Stake Sale

KEI Industries Allots FCCBs



Posted On : 2006-11-30 22:20:00( TIMEZONE : IST )

KEI Industries Allots FCCBs

KEI Industries Ltd has announced that the Company has raised US$ 36,000,000 by way of issue and allotment of Foreign Currency Convertible Bonds (FCCB) in the international markets. The Foreign Currency Convertible Bonds (FCCB) will be listed on the Luxembourg Stock Exchange.

M/s. Elara Capital Plc, London NW1 5JX, United Kingdom acted as Lead Manager, Global Co-ordinator and Bookrunner to the Issue.

Source : Equity Bulls

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