E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 11/30/2009 in the Prospect News Convertibles Daily.

Responsive Industries aims to sell up to $150 million in convertibles

By Devika Patel

Knoxville, Tenn., Nov. 30 - Responsive Industries Ltd. informed the Bombay Stock Exchange that it approved plans to issue up to $150 million in foreign currency convertible bonds at an extraordinary general meeting on Nov. 27.

The company also is considering non-convertible debentures, convertible debentures, warrants, Global Depositary Receipts and American Depositary Receipts.

Responsive Industries is a Mumbai, India-based vinyl flooring, soft sheeting, rigid poly vinyl chloride and leather cloth manufacturer.


© 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.