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Prospect News home > News index > List of issuers T > Headlines for Tenders 2012 > News item
Published on 3/9/2012 in the Prospect News Convertibles Daily, Prospect News Distressed Debt Daily and Prospect News Liability Management Daily.

ICSA (India) announces restructuring of all $21 million convertibles

By Ashley Montgomery

Kansas City, Kan., March 9 - ICSA (India) Ltd. informed the Bombay Stock Exchange that it is restructuring its $21 million of outstanding foreign-currency convertible bonds due in March and April.

The company said the restructuring is being undertaken with the consent of bondholders.

ICSA (India) manufactures power management and remote monitoring products and is based in Hyderabad, India.


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