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Prospect News home > News index > List of issuers I > Headlines for Ispat Industries Ltd. > News item
Published on 10/26/2004 in the Prospect News Convertibles Daily and Prospect News Emerging Markets Daily.

India's Ispat fails to achieve sufficient response to restructure convertibles

New York, Oct. 26 - Ispat Industries Ltd. said it failed to achieve a sufficient response to restructure its 3% euro convertible bonds.

The Mumbai, India, steelmaker called a bondholders meeting on Oct. 21, but there was no quorum for the meeting.


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