Hotel Leelaventure completes second round of FCCB buyback

India Infoline News Service | Mumbai |

In December 2009, the company has announced that the company has bought back and cancelled US$25mn of the FCCB maturity 2012 at a substantial discount to its accelerated price.

Hotel Leelaventure Limited has announced that the company has achieved considerable success in the second round of its exercise to buyback Foreign Currency Convertible bonds, before the window for the buyback as stipulated by the RBI closes in the year end.

The company has announced that the company has bought back and cancelled US$25mn of the FCCB maturity 2012 at a substantial discount to its accelerated price.

 

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