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Aarvee Denims buys $7.5 million of its 0% convertible bonds due 2012
By Devika Patel
Knoxville, Tenn., Dec. 30 - Aarvee Denims and Exports Ltd. informed the Bombay Stock Exchange that it bought back $7.5 million of its 0% convertible bonds due 2012 at a discount.
There is $12.5 million of the convertibles remaining outstanding.
Based in Ahmedabad, India, Aarvee Denims manufactures garments.
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