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Published on 10/5/2005 in the Prospect News Convertibles Daily and Prospect News Emerging Markets Daily.

India's Nagarjuna Construction may sell up to $120 million convertibles

New York, Oct. 5 - Nagarjuna Construction Co. Ltd. said shareholders have approved a proposal to raise up to $120 million through the sale of foreign currency convertible bonds or Global Depositary Receipts.

Nagarjuna is a Hyderabad, India, construction company.


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