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Prospect News home > News index > List of issuers T > Headlines for Tenders 2009 > News item
Published on 4/24/2009 in the Prospect News Convertibles Daily.

JSW Steel repurchases, extinguishes $2 million in 0% foreign currency convertible bonds

By Devika Patel

Knoxville, Tenn., April 24 - JSW Steel Ltd. informed the Bombay Stock Exchange that it bought back and cancelled $2 million of its zero-coupon foreign currency convertible bonds.

There are $274.4 million in bonds remaining outstanding after this purchase.

JSW is a steelmaker based in Maharashtra, India.


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