Jubilant Organosys pays $3 million to redeem $35 million foreign currency convertibles

By Devika Patel

Knoxville, Tenn., May 19 - Jubilant Organosys Ltd. informed the Bombay Stock Exchange that it redeemed $35 million of its foreign currency convertible bonds for $3 million on May 15. The bonds were issued in 2004.

Jubilant Organosys is a Noida, India, integrated pharmaceutical company.

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