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Published on 3/27/2009 in the Prospect News Convertibles Daily.

JSW Steel repurchases $47.8 million 0% foreign currency convertibles

By Devika Patel

Knoxville, Tenn., March 27 - JSW Steel Ltd. informed the Bombay Stock Exchange that it bought back 478 of its zero-coupon foreign currency convertible bonds for $47.8 million.

JSW is a steelmaker based in Maharashtra, India.


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