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Published on 2/4/2005 in the Prospect News Convertibles Daily and Prospect News Emerging Markets Daily.

India's Strides Arcolab to sell up to $40 million convertibles

New York, Feb. 4 - Strides Arcolab Ltd. said its board of directors approved an offering of up to $40 million of foreign currency convertible bonds.

The Bangalore, India, pharmaceutical company said proceeds will be used to fund expansion.


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