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Published on 7/13/2009 in the Prospect News Convertibles Daily.

India's Firstsource repurchases $5 million in 0% convertibles due 2012

By Devika Patel

Knoxville, Tenn., July 13 - Firstsource Solutions Ltd. informed the Bombay Stock Exchange that it has bought back $5 million of its zero-coupon convertible bonds due December 2012.

There are $212.4 million of the convertibles outstanding following this repurchase.

Firstsource is a Mumbai-based business services and outsourcing company that operates call centers for businesses around the world.


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