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Published on 9/21/2010 in the Prospect News Emerging Markets Daily.

India's Prism Cement issues Rs. 500 million redeemable debentures

By Devika Patel

Knoxville, Tenn., Sept. 21 - Prism Cement Ltd. informed the Bombay Stock Exchange that it issued Rs. 500 million of unsecured redeemable non-convertible debentures.

The bonds, which are divided into three series, were issued on Sept. 17.

Based in Hyderabad, India, Prism Cement is a building materials company with a range from cement, ready-mixed concrete, tiles, bath products to kitchens.


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