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Tantia approves up to $25 million foreign currency convertibles
By Jennifer Chiou
New York, Dec. 20 - Tantia Constructions Ltd. informed the Bombay Stock Exchange that its board voted to approve an up to $25 million issue of foreign currency convertible bonds at a meeting Wednesday.
The Kolkata, India, railway infrastructure company said it may opt to issue foreign currency convertible notes, Global Depositary Receipts, American Depositary Receipts, secured premium notes or other securities as alternatives.
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