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Hotel Leelaventure buys back €8.25 million of its 1% convertibles
By Devika Patel
Knoxville, Tenn., Feb. 12 - Hotel Leelaventure Ltd. informed the Bombay Stock Exchange that has repurchased and is in the process of extinguishing €8.25 million of its 1% euro foreign currency convertible bonds.
Hotel Leelaventure, a Mumbai, India-based owner of luxury hotels and resorts, did not say how it will use the proceeds of the deal.
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