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Asahi Infrastructure plans to issue up to $25 million in convertibles
By Devika Patel
Knoxville, Tenn., Jan. 8 - Asahi Infrastructure & Projects Ltd. told the Bombay Stock Exchange that it will consider plans to issue up to $25 million in foreign currency convertible bonds at an extraordinary general meeting on Jan. 28.
The company also is considering issuing Global Depositary Receipts and American Depositary Receipts.
Asahi Infrastructure & Projects is an Akola, India-based construction company.
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