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Published on 6/25/2009 in the Prospect News Convertibles Daily.

India's Hotel Leelaventure proposes to issue convertible debentures

By Devika Patel

Knoxville, Tenn., June 25 - Hotel Leelaventure Ltd. informed the Bombay Stock Exchange that it will vote on plans to issue convertible debentures at a board of directors meeting on June 27.

The company also is considering issuing Global Depositary Receipts and American Depositary Receipts.

Hotel Leelaventure is a Mumbai, India-based owner of luxury hotels and resorts.


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