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Published on 1/22/2008 in the Prospect News Convertibles Daily.

RSWM approves up to $20 million in equity-linked securities

By Devika Patel

Knoxville, Tenn., Jan. 22 - RSWM Ltd. informed the Bombay Stock Exchange that it approved a proposal to issue up to $20 million in equity-linked securities at a board of directors meeting on Jan. 21.

Based in Bhilwara, India, RSWM is an exporter of yarn and fabric to more than 60 countries across Europe, South Africa, Australia, Korea, Belgium, Singapore, Italy, Egypt and the Gulf.


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