E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 7/29/2009 in the Prospect News Convertibles Daily.

LKP Finance aims to issue Rs. 87.3 million 11% convertible debentures

By Devika Patel

Knoxville, Tenn., July 29 - LKP Finance Ltd. informed the Bombay Stock Exchange that its board of directors approved plans to issue 727,500 11% compulsory convertible debentures at a meeting on Monday.

The Rs. 87.3 million in convertibles will be sold at Rs. 120 apiece.

LKP Finance is a Mumbai, India-based financial company.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.