Nissan Copper plans meeting to lift size limit on convertible bonds

By Devika Patel

Knoxville, Tenn., Jan. 13 - Nissan Copper Ltd. informed the Bombay Stock Exchange that it will hold a board of directors meeting on Jan. 15 to increase the amount of foreign currency convertible bonds it may issue.

On Monday, the company said it would issue up to $20 million of the convertibles. It also is considering Global Depositary Receipts.

Mumbai, India-based Nissan Copper makes copper tubes and products.

© 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.