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Prospect News home > News index > List of issuers M > Headlines for Mercator Lines Ltd. > News item
Published on 1/4/2010 in the Prospect News Emerging Markets Daily.

India's Mercator buys back some 11¼% debentures for Rs. 450 million

By Devika Patel

Knoxville, Tenn., Jan. 4 - Mercator Lines Ltd. informed the Bombay Stock Exchange that it repurchased 900 of its 11¼% secured redeemable non-convertible debentures for Rs. 450 million.

Following the purchase, there is Rs. 393.75 million of the debentures remaining.

Mercator is a Mumbai, India, ocean shipping company.


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